Two multi-housing communities in the Atlanta MSA trade for $257m

HHHunt has paid $257.54 million for Abberly Skye and Abberly Onyx, both five-story, wrap-style apartment communities located within the Atlanta MSA in Decatur, Ga.

Northwood Ravin was the seller for both transactions.

JLL Capital Markets closed the $162.54 million acquisition and the $104.90 million dollar financing of Abberly Skye, as well as the $95 million acquisition and the $61.40 million financing of Abberly Onyx.

The 405-unit Abberly Skye (formerly known as Scott Crossing) was developed in 2020, and the 250-unit Abberly Onyx (formerly known as Point on Scott) was developed in 2017. Both properties offer studio, one-, two- and three-bedroom options and feature state-of-the-art community amenities, including, fitness centers, pools, golf simulators, saunas, dog parks, lounge areas, outdoor courtyards and more.

Abberly Skye is situated at 2550 Blackmon Drive, and Abberly Onxy is located at 2532 N. Decatur Road. The properties are both seven miles fr