Crest City Capital
Crest City Capital Acquires GA Multifamily
Crest City Capital has further expanded its footprint in the South East with the recent acquisition of the Mountain Vista Apartments in Stone Mountain, GA for $17,856,000. The 144-unit community features a mix of 1, 2, & 3 bedroom apartments ranging in size from around 800 square feet to nearly 1300. Stone Mountain is located about 30 minutes outside of Atlanta, which remains one of the fastest-growing metros with the 10th largest GDP in the U.S. and No. 3 for Fortune 500 companies (with 18 currently located in the region & more on the way.) Mountain Vista represents a textbook value-add opportunity in a multifamily market with in-place strong organic rent growth. Learn more at crestcitycapital.com.