Comunidad Partners acquires multifamily asset in Atlanta
Comunidad Partners has acquired Oaks at Holcomb Bridge, a 304-unit multifamily housing community in Roswell, located North Fulton, a submarket of Atlanta.
“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 United States,” 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.”
Oaks at Holcomb Bridge features several community amenities, including grilling/picnic areas, a playground, sports court, and resident business center, among other features.
Comunidad Partners plans to implement a series of interior and exterior renovations to the community.
Oaks at Holcomb Bridge is Comunidad’s eighth acquisition in the Atlanta market, bringing its total holdings to 1,867 units.
Source: Institutional Real Estate, Inc.