TORONTO, July 9, 2015 /CNW/ - David Goldstein, Jordan Rich and Lawrence Moskovic of 3T Equity Partners are pleased to announce the completion of the purchase by IRR LP of 2650 Bentley Road, Marietta, Georgia for a purchase price of $17,600,000. Ivy Ridge is comprised of 207 residential units with an average unit size of 1,361 sf. The property is strategically located close to Cobb County's top employers and demand generators, including the future home of the Atlanta Braves and surrounding development. Cobb County also boasts some of Metro Atlanta's highest rated public schools. "Ivy Ridge presents an ideal opportunity for us to implement our renovation program in order to achieve premium rents" said Goldstein. "We continue to seek responsible "value-add" opportunities in strong markets".
About 3T Equity Partners
3T Equity Partners was founded in 2010 and is dedicated to acquiring "value-add" income producing properties in mature and growth areas. 3T Equity Partners owns properties in Miami Beach, Atlanta, Toronto, Hamilton and Waterloo.
SOURCE 3T Equity Partners
For further information: please contact David Goldstein at (416) 850-2305.