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August 08, 2018  

New Apartments for Sale Near Atlanta

A Class-A apartment complex in an Atlanta suburb is on the block with an estimated value of $87 million.The 283-unit property, in Chamblee, Ga., was completed last year and is 95% occupied. A trade at the estimated value of $306,000/unit would produce an initial annual yield in the low-5% area. Walker & Dunlop is marketing the complex for the local developer, CF Real Estate Services.Called Olmstead Chamblee, the three-building complex is at 5193...

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