Kole Management Company Acquires Atlanta Area Apartment Community, Heritage at Riverstone
(SAVANNAH, GA) Kole Management Company (KMC), a Savannah-based real estate investment and management company, has acquired Heritage at Riverstone, a 240-unit apartment community in Canton, Ga.
Heritage at Riverstone is the sixth apartment community acquired by KMC outside Savannah and is the first apartment community in the greater-Atlanta region. KMC also owns and operates seven apartment properties in Savannah, Garden City and Richmond Hill. Collectively, KMC owns and operates about 2,500 total apartment units.
Heritage at Riverstone, a class A gated property built in 2001, features one-, two- and three-bedroom units with a variety of upscale features including vaulted ceilings, garden tubs, walk-in closets and built-in bookshelves. The landscaped 22-acre property includes a fitness center, a pool with a sundeck and stone cabana, a picnic pavilion and private garages available for rent.
KMC plans to make a number of significant improvements that include adding a fireplace to the pool cabana, installing a fire pit, a pet grooming station and dog park and building a community room with roll-up doors adjacent to the pool.
Canton is located about 40 miles northwest of Atlanta in Cherokee County, which is the fourth fastest growing county in Georgia and boasts an award-winning public school system with four STEM (science technology engineering and math) academies.
“Heritage at Riverstone is a fabulous opportunity for KMC,” said company president Jeff Kole. “It’s a beautiful, residential-style community in a high growth area with excellent schools and high-end retail shopping. We’ll be selectively improving the property, which will result in a top quality living environment for our residents.”
ABOUT KOLE MANAGEMENT COMPANY
Kole Management Co. owns and operates seven apartment communities in the Savannah area, one each in Atlanta, Augusta and Charlotte, and three in Macon with more than 2,500 total units. Residents of Kole Management apartment communities enjoy many benefits, including the ability to pay rent and request work orders online. The company employs more than 80 maintenance, management and leasing personnel, all of whom are local and able to assist residents with their immediate needs. Kole Management is a family-owned company with a 25-year tradition of owning and operating well-maintained apartment communities. For more information on Kole Management, visit Kolemc.com.