ORLANDO, FL - Berkshire Property Holdings finished 2019 off with acquiring two assets, one in Atlanta and the other in Dallas totaling 340 units. The company purchased Las Lomas, a 220 Unit apartment building in Dallas along with Park at Peachtree Hills in Buckhead, Atlanta one of the hottest submarkets in the country in two separate transactions.
“We are very excited add both of these assets to our portfolio, we feel like we can add tremendous value to both properties and give our residents access to great communities to live in. The best part of both of these deals is the location, we were able to buy in the best parts of the submarket and can’t wait to see the end product,” said Zamir Kazi.
Park at Peachtree Hills offers a mix of studios, one, and two-bedroom units averaging around 900 square feet the community is located in Peachtree Hills, arguably the best submarket in Atlanta close to high end restaurants, retail and hotels. “We were able to find a C-Class property in an A-Class neighborhood, every investors dream,” said Zamir Kazi. Amenities include swimming pool, direct access to MARTA and grilling areas.
Las Lomas provides a mix of one, two, and three-bedroom units averaging 1000 square feet. The community is in the DFW area and located conveniently near the airport, Cowboys stadium, and Texas Live and also offers convenient access to all major highways. Amenities include a playground, grilling area, and doggie stations.