Comunidad Partners Acquires 304-Unit Roswell Apartment Community
Workforce and affordable housing investment firm Comunidad Partners has acquired Oaks at Holcomb Bridge, a 304-unit apartment community in Roswell, GA. The sales price was not disclosed.
Located at 700 Old Holcomb Bridge Road, the property features a suite of amenities including grilling areas, a playground, sports court and resident business center. Comunidad Partners plans to implement a series of interior and exterior renovations to the community. The property is Comunidad’s eighth acquisition in the Atlanta market
“This new acquisition perfectly aligns with our everlasting mission of bringing impact capital to underserved markets with diverse populations across the Sun Belt region of the U.S.,” said Antonio Marquez, managing partner at Comunidad Partners. “Roswell is one of the most affluent submarkets in Georgia, making affordability a challenge for many families that are integral to the local workforce. Acquiring Oaks at Holcomb Bridge affords us the opportunity to preserve and create affordable housing with enhanced amenities and services for these families.”
Source: Connect CRE