SAVANNAH, GA – Fully-integrated real estate development and investment management firm, Hillpointe LLC has sold a 288-unit multifamily development in Port Wentworth, GA for $86.4 million.
The purchase price, which represents $300,000 per unit, establishes a record per-unit price for a garden-style multifamily in the Savannah, GA metropolitan area.
Hillpointe completed construction on the property, Pointe Grand Savannah, in May 2021 before reaching full occupancy in under six months.
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Ingrid Tunberg
Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.
