$21 million Georgia multifamily deal

Out-of-state entity named as buyer

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Century Hills, a 200-unit multifamily community in Augusta, Ga., recently sold for $21 million. Richmond, Va.-based Triple-Net Properties LLC purchased the property from Atlanta-based Centennial Properties. Located at1035 Alexander Drive, Century Hills is comprised of 24 three-story buildings on a 16.8-acre lot. Built in 1999, Century Hills features a mix of one-, two- and three-bedroom units. Community amenities include an executive business center, a resort-style swimming pool, club house, tennis courts, fitness center, a car care center and security gates. ...