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ATLANTA, GA, November 09, 2018 /24-7PressRelease/ -- - Bolden Capital Group LLC of Atlanta, GA has acquired Nanjeanne Apartments, a 20-unit suburban garden apartment community in Atlanta, GA, for $1 million dollars. The seller, Glenn Cobb & Associates LLC, based out of California sold this property as part of a 1031 tax exchange. Jarvis Broughton of KW Commercial in Atlanta, GA represented both buyer and seller for this off market transaction.
Bolden Capital Group's first acquisition in East Point, GA is located within minutes from world-renowned Hartsfield-Jackson International Airport (IATA: ATL), the busiest airport in the world. "It is important for me that these types of assets are purchased by owners that do not just care about making a quick dollar. They also care about the people who live in these properties and will be affected by new ownership," said Jarvis Broughton of KW Commercial. He went on to mention that, "Bolden Capital Group and their team was a pleasure to work with and someone I trust will take care of the property and the community."
The planned renovations for the property include upgraded kitchens, paint, interior carpet, and landscaping in addition to various other improvements to the overall condition of the property. With a few billion dollars of development planned for near by Downtown College Park and Aerotropolis , this property is located in a emerging market that is expected to reframe the look of southwest Atlanta in the next few years.
Jarvis Broughton is a member of the KW Commercial team of Keller Williams in Midtown Atlanta, GA. To date, he has assisted clients with a number of transactions including, but not limited to investment sales with focus in multi-family and 1031 tax exchange.
If you would like more information about this acquisition or other opportunities, please contact Jarvis Broughton at firstname.lastname@example.org.
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