FCP\u00ae announces the sale of Stewart\u2019s Mill Apartments in the West Atlanta suburb of Douglasville, GA to Viking Capital for $28.2 million. The 188-unit apartment community was acquired by FCP in March 2020 in a portfolio acquisition along with two other Atlanta apartment communities.<\/p>\n
\u201cFCP is pleased to have completed the successful execution of our business plan at Stewart\u2019s Mill, providing the property with numerous capital improvements and amenity upgrades to improve the resident experience,\u201d said FCP\u2019s Michael Errichetti<\/strong>. \u201cWe appreciate the smooth transaction process with Viking Capital and are confident they will be an excellent steward of the property.\u201d<\/p>\n Stewart\u2019s Mill is located at 3421 Stewart Mill Road in Douglasville, less than one mile from the I-20\/Fairburn Road interchange and convenient to major Atlanta job corridors along with retail centers, restaurants, and recreational activities.<\/p>\n FCP extends its appreciation to Nathan Swenson, Wesley Kenney, Brooks Colquitt, and Robert Yates of Cushman & Wakefield Southeast Multifamily Advisory Group for their representation of the seller.<\/p>\n About FCP FCP\u00ae announces the sale of Stewart\u2019s Mill Apartments in the West Atlanta suburb of Douglasville, GA to Viking Capital for $28.2 million. The 188-unit apartment community was acquired by FCP in March 2020 in a portfolio acquisition along with two … Continue reading
\nFCP\u00ae is a privately held real estate investment company that has invested in or financed more than $12.4 billion in assets since its founding in 1999. FCP invests directly and with operating partners in commercial and residential assets. The firm makes equity and mezzanine investments in income-producing and development properties. Based in Chevy Chase, MD, FCP invests both its commingled, discretionary funds and separate accounts targeted at major real estate markets in the United States. For further information on FCP, please visit www.fcpdc.com.<\/p>\n","protected":false},"excerpt":{"rendered":"