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Milton Apartments Trade for $179.7M
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Milton Apartments Trade for $179.7M
Olen Properties Corp. purchased the development formerly known as IMT Deerfield in Milton for $179.7 million. IMT Residential was the seller. The sales price comes out to nearly $600,000 a unit. The Atlanta Business Chronicle reports the company paid $104.5 million for the property in 2015. It has since been rebranded as Magnolia at Milton. Situated near the Milton-Alpharetta border, the community spans two adjacent parcels located at 13125 Morr…
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