151
PRATTVILLE, ALA. — Blue Rock Partners LLC has purchased the Highland Lakes Apartment Homes, a 224-unit complex located in the Montgomery suburb of Prattville, for $23.1 million. Blue Rock plans to rebrand the property as Prattville at Highland Lakes and invest $1 million in interior and exterior upgrades. Jimmy Adams and Craig Hey of Cushman & Wakefield’s Birmingham office represented the seller, Foshee Management Co. LLC, in the transaction. Arbor Mortgage provided acquisition financing on behalf of Blue Rock.