Berkadia has completed the successful sale of Birch Run, a 198-unit multifamily property in Clarkston, Georgia, capitalizing on strong market fundamentals and increased demand for workforce housing.

Information on the Target

Berkadia has successfully finalized the sale of Birch Run, a multifamily property consisting of 198 garden-style units, located in Clarkston, Georgia. Built in 1983, this property is strategically situated within the Atlanta metropolitan statistical area (MSA), allowing it to capitalize on local market dynamics. The sale was overseen by Managing Directors Matt White and Scott Bray of Berkadia Atlanta.

Birch Run stands out in the Clarkston submarket due to its spacious floorplans and attractive amenity offerings. This competitive positioning enables the property to leverage the improving operational metrics of the surrounding area.

Industry Overview in the Target’s Specific Country

The multifamily real estate sector in Georgia, particularly within the Atlanta MSA, has experienced significant growth over recent years, marked by a rising dema