Greystone Brown Closes Sale of Atlanta Community

The team of Barden Brown, Chandler Brown and Cory Caroline Sams worked on behalf of seller Alexander Properties Group in the $49 million transaction.

By Timea Papp

Reserve at Stone Creek

Reserve at Stone Creek

Greystone Brown Real Estate Advisors brokered the sale of Reserve at Stone Creek, an 822-unit apartment community in Stone Mountain, Ga. The Multifamily Investment Sales and Lending team of Managing Director Barden Brown, Directors Chandler Brown and Cory Caroline Sams represented the seller in the transaction. Alexander Properties Group sold the property to Robbins Electra in a $49 million deal.

Notable amenity package

Located at 1420 S. Hairston Road on more than 100 acres of land, Reserve at Stone Creek was completed in 1987.

Community amenities include:

  • Indoor/outdoor pool
  • Fitness center
  • Racquetball court
  • On-site business center
  • Laundry facility
  • Playground
  • Tennis courts
  • Car care center
  • Nature trail

The community formerly known as Tree Hills features large floorplans with a mix of one- and two-bedroom units averaging 1,001 square feet. Select homes feature fireplaces, sunrooms and washer and dryer hookups, while other units boast a wide array of features including:

  • Upgraded finishes
  • Air conditioning
  • New cabinets
  • Patios
  • Skylights
  • Walk-in Closets
  • Wood view

Reserve at Stone Creek is proximate to several shopping venues, local museums, parks and schools including Woodridge Elementary, Miller Grove Middle and High School. The location provides access to Atlanta and numerous major thoroughfares in DeKalb County.

Image courtesy of Greystone Brown Real Estate Advisors

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