The well-maintained community is located in an affluent suburb of the Atlanta MSA and recently underwent a multi-million-dollar renovation.

Blueprint positioned the deal as a unique opportunity to acquire an asset in one of the largest metro markets in the country significantly below replacement cost with multiple paths to substantial upside.

Blueprint’s strategic and confidential marketing process resulted in a highly competitive bidding process that yielded seven qualified offers, ensuring maximum proceeds to the seller.

The buyer has an extensive track record of acquiring and operating distressed communities nationwide and this acquisition marks their entrance into the Georgia market.