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Atlanta & Southeast  + Atlanta Metro  + Apartments  | 
The manchester at Mansell

Related Pays $110M for Atlanta-Area Apartments

Related Company paid $110 million for a 468-unit garden-style apartment complex the Roswell/Alpharetta area. The seller was Post Real Estate Group.

The Manchester at Mansell apartments were built in 1984 and offer one-, two-, and three-bedroom floor plans. Manchester at Mansell has rental units ranging from 857 to 1,540 square feet, starting at $1,330. Amenities include a pool, fitness center, clubhouse and tennis court.

That Atlanta Business Chronicle reports the asset last exchanged hands in 2018 when the Post Investment Group bought it for $72.5 million.

Post Real Estate Group, an operating subsidiary of Post Investment Group, still owns a handful of multifamily properties in the area, comprising just over 2,600 residential units. Founded in 2007 and headquartered in Beverly Hills, CA, the company operates in more than 20 states and encompasses the following industries: real estate investments, real estate services, insurance, consumer goods, manufacturing, consumer services, and franchising.

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About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.

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