"This land acquisition provides ResiBuilt Homes the opportunity to develop single-family homes for rent in an established and successful housing subdivision." John Speros, Ackerman & Co.
ATLANTA, GA, August 05, 2021 /24-7PressRelease/ -- The Ackerman/Pioneer Land Advisory Group has completed the sale of a residential land parcel in South Atlanta for $4.65 million to ResiBuilt Homes LLC. The Atlanta-based homebuilder purchased 57 developed lots and 77 future lots for the next phase of development at the Parkview Estates single-family housing subdivision.
The Ackerman/Pioneer Land Advisory Group's John Speros, JT Speros and Kyle Gable brokered the sale of the property located off 4025 Union Road SW in South Fulton County on behalf of the seller, Parkview Estates Development LLC.
"This land acquisition provides ResiBuilt Homes the opportunity to develop single-family homes for rent in an established and successful housing subdivision," said John Speros, Senior Vice President of Ackerman & Co.
Parkview Estates is served by a clubhouse, swimming pool, basketball court, playground and two tennis courts. The property offers a strategic location with convenient access to Interstate 285, Interstate 75/85 and downtown Atlanta.
Ranked by Metrostudy as the 9th largest homebuilder in Atlanta by volume, ResiBuilt develops modern, high-quality homes for renters.
About Ackerman & Co.
Headquartered in Atlanta, Ackerman & Co. is a privately held, full-service commercial real estate firm focused on providing quality investment, brokerage, management and development services in the Southeast. The company, founded in 1967, retains an expert team of more than 100 real estate professionals. To date, Ackerman & Co. has developed and acquired 37 million square feet of office, medical, industrial, retail and mixed-use space, has 4.5 million square feet under management, and maintains an investment portfolio valued at $1 billion. For more information, visit www.ackermanco.com
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