Atlanta’s Zavala Capital purchased the 112-apartment Westside Crossing community on the city’s Upper Westside for about $11.4 million, or $101,800 per unit. 

The 1962-vintage garden apartments offer a mix of studio, one-, two- and three-bedroom floor plans and are located at 2265 Perry Blvd., just west of Norfolk Southern’s Inman Yard. 

The surrounding neighborhood has seen a significant increase in new housing construction, with homes ranging from $400,000 to $1 million, said GREA, which represented the community’s previous owner, Greenleaf Partners, in the sale.

“The sale of Westside Crossing epitomizes the investor mantra of buying a property in the path of progress,” said Taylor Brown, GREA managing director said. “With hundreds of new homes being built on the west side of the Inman Rail Yard, economic development has literally jumped to the other side of the tracks. Zavala Capital will do quite well and benefit from this quickly growing submarket.” 

Taylor Brown, Chandler Brown and Mack Leath of GREA managed the sale.