Broadtree Homes has acquired a portfolio of 37 single family rental homes in suburban Atlanta, GA. The homes were acquired from American Homes 4 Rent (NYSE: AMH) for a total purchase price of approximately $2.6 million.
- Closing Date: September 26, 2016
- Number of Units: 37
- Average Square Footage per Unit: 1,440
- Cost per Square Foot: $48.54
- Seller: American Homes 4 Rent