Wilkinson Completes Sale During the Covid-19 Crisis
Wilkinson completed its latest multifamily community sale during the Covid-19 crisis. The Hills on Breckinridge, a 400-unit apartment home community located in Duluth, Georgia, a suburban area of Atlanta, was acquired July 26, 2016 and sold on April 16, 2020. While this property was sold earlier than the projected five-year hold (45 months), a disposition price greater than expected was realized, representing an increase in value over the purchase price of approximately 51%.ext