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Cumberland Crossing Apartments

Multifamily INVESTMENT

Cumberland Crossing Apartments

Investment lead:  Javier Bustillo | jbustillo@29SC.com

MARKET

Atlanta, GA

UNITS

286

YEAR BUILT

1973

DATE ACQUIRED

2019
Disposition Year: 2017
SOLD IRR: 32.6% Multiple: 2.5x

INVESTMENT OVERVIEW

29SC sold Cumberland Crossing, its ninth acquisition in the Atlanta market. 29SC's Strategy was to complete unit upgrades, improve amenities and curb appeal, and cure deferred maintenance.

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