ARA Acquires 329-Unit Atlanta Luxury Community

  • Sept. 14, 2018
  • Multi-Housing News

American Realty Advisors has acquired Azure on the Park, a Class A, luxury high-rise apartment community in Atlanta. Located at 1020 Piedmont Ave. NE, the property comprises 329 units. Azure on the Park offers studio, one-, two- and three-bedroom floorplans, as well as penthouse apartments, ranging from 547 to 1,513 square feet. According to Yardi Matrix, the asset was 89.4 percent occupied as of July 2018.

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