The 300-unit Mandalay Villas is situated in McDonough, Ga., less than 30 miles away from Atlanta. :
Rockworth Acquisitions bought Mandalay Villas, an apartment community in McDonough, Ga., for $48.75 million. The seller, Bluedog Capital Partners, was represented by Cushman & Wakefield’s Mike Kemether, Travis Parnell and Alex Brown in the transaction. Located at 1395 Towne Centre Village Drive, the 300-unit Mandalay Villas is nearly 94 percent occupied, according to Yardi Matrix data. The Class A property is split into units of one-, two- and three-bed setups with private entrances, a patio or balcony, attached garages.