Westmount Realty Capital buys first multifamily property in Atlanta

Westmount Realty Capital has purchased Walton Ashwood, a class A apartment community located at 1000 Ashwood Pkwy. in the employment district Central Perimeter, home to 33 million square feet of office space, 6 million square feet of retail space and more than 40,000 residents.

The 160-unit multifamily community in Dunwoody, a northern suburb of Atlanta, consists of one-, two- and three-bedroom units averaging 917 square feet. This is Westmount’s first multifamily property in Atlanta.

“Walton Ashwood offers a uniquely residential atmosphere in highly coveted Dunwoody, attracting affluent renters-by-choice who want in-town living in a neighborhood environment,” said Curtis Walker, Westmount’s managing director – multifamily acquisitions. “Its modern mid-rise construction, including nine-foot and 12-foot ceilings, will directly compete with newer, more luxurious options in the area. Our renovations will include new quartz countertops, modern cabinetry, light