TriWest Multifamily in April acquired two Newnan garden-apartment communities for an undisclosed amount.
The properties, Woodland Commons and 60 Jane Lane, contain a combined 114 units. Woodland Commons, located at 22 Forest Circle, was built in 2002, while 60 Jane Lane was built in 1986.
Financial details about the purchases were not provided, but Coweta County records indicate 10.9-acre Woodland Commons last changed hands in 2019 for $14.3 million, and its current assessment value is $11.5 million, while 15.8-acre 60 Jane Lane was most recently sold for $13.4 million in 2018 and is valued at $6.6 million.