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Douglasville Rental Asset Trades for $73.25M

Summary by Connect CRE
Resia offloaded a 433-unit multifamily community in Douglasville. Elmington Residential paid $73.25 million for the property. Douglasville is a town of 35,000, 20 miles west of Atlanta. Resia Tributary, located at 1851 Market St., was completed in 2023 and offers 314,065 square feet of residential space across seven buildings. The property features a mix of furnished studios, one- and two-bedroom apartments. Residents enjoy access to amenities i…
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Connect CRE broke the news on Thursday, April 23, 2026.
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