Berkadia Negotiates Multifamily Property Sale in Marietta, Georgia
Atlanta, Georgia – November 6, 2026 – Berkadia, a distinguished leader in the commercial real estate sector, announced today the sale of Legacy at West Cobb, a 395-unit, garden-style multifamily property in Marietta, Georgia. Senior Managing Directors Andrew Mays and Paul Vetter of Berkadia Atlanta led the transaction on behalf of the seller, Massachusetts-based Aspen Square Management.
Legacy at West Cobb sold to Maryland-based Acento Partners on October 30. The property was 88% occupied at the time of sale.
“This complex transaction required persistence and disciplined execution from all parties,” said Andrew Mays. “Twenty initial offers reflected strong investor interest in the property’s affordable-to-market rent upside and large floor plans. Despite rate volatility, we attracted qualified buyers and delivered a successful outcome for our client.”
Located at 2665 Favor Road SW, the property affords convenient access to Cobb County’s “Platinum Triangle” employment hub, including the Cumberland/Galleria area, as well as Truist Park and The Battery. Legacy at West Cobb was built in 1970, renovated in 2021 and features 395 units with spacious one-, two-, three- and four-bedroom floor plans averaging 1,139 square feet. The community also includes townhome-style residences, with 17% of units configured in townhome layouts.