Berkadia Negotiates $40.6M Multifamily Property Sale in Augusta, Georgia
Charleston, South Carolina – August 6, 2026 – Berkadia, a distinguished leader in the commercial real estate sector, announced today the sale of MacArthur Park, a 290-unit, garden-style multifamily property in Augusta, Georgia. Director Christian DiCroce, Senior Managing Directors Jim Sewell and Dave Lansbury, and Managing Director Erika Maston of Berkadia Charleston led the transaction on behalf of the seller.
MacArthur Park sold for $40.6 million and the sales price reflects a per-unit price of $140,000 or $168 per square foot. The property was 91% occupied at the time of the sale.
Located at 101 Little Rock Drive, the property affords convenient access to I-520 and U.S. 78, as well as close proximity to Augusta Mall and Fort Gordon. Built in 2022, MacArthur Park features 290 units and a range of community amenities, including a saltwater pool, fitness center, and business center.