Specialized Multifamily Partners, an investment vehicle sponsored by Acento Real Estate Partners and BTG Pactual, announces the acquisition of Lakeview Apartments (“Lakeview”). Lakeview Apartments, a 540-unit workforce multifamily community, was built in two sections between 1970-and 78 in Atlanta, Georgia (Stone Mountain submarket).
Lakeview is near MARTA Transportations, I-285, I-20, and Stone Mountain Hwy, just minutes from downtown Atlanta. In addition, Lakeview has access to the DeKalb County school zone. The property’s position adjacent to a significant submarket thoroughfare provides easy access to many of East Atlanta’s major economic drivers, including Amazon’s new robotic distribution facility and the Stone Mountain Industrial Park.
Lakeview includes 1, 2- & 3-bedroom garden-style homes and townhouses that have spacious kitchens & walk-in closets. With unit plans ranging from 527 sq.ft.-1,486 sq.ft. Lakeview can accommodate residents with a wide variety of lifestyles.
The following amenities are offered in Lakeview to enhance the living experience of its tenants:
· Clubhouse with a breakfast/coffee concierge.
· Fitness center.
· Walking/biking trails.
· On-site bilingual management and maintenance team.
· BBQ grills.
· Controlled access.
Lakeview represents the 9th acquisition for Specialized Multifamily Partners.
We are always grateful for the trust that investors and industry partners continue to place in Specialized Multifamily Partners