Search
 

Henry County Apts. Sold for $24M

ATLANTA-In the county's largest single residential sale ever, owner-developer J.T. Williams and his three sons sold the one-year-old, 348-unit St. Ives complex to Conner and Murphy Properties of Ohio for an average of $68,966 per unit.

By Alex Finkelstein | Updated on May 14, 2003

ATLANTA-The 348-unit, one-year-old St. Ives apartment community is under new ownership today after being sold for the highest price ever recorded in Henry County for a single residential property, according to the seller.

Conner and Murphy Properties of Ohio paid St. Ives Development LLC $24 million or $68,966 per unit for the property which adjoins Eagle’s Landing about 35 miles south of Downtown Atlanta. St. Ives and Eagles were developed by J.T. Williams and his sons Joe, David and Bert.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.