AUGUSTA, GA. — Cushman & Wakefield has brokered the $87 million sale of Mason Augusta, a 462-unit apartment community located at 101 Pine Forest Road in Augusta. Taylor Bird, Robert Stickel, Alex Brown, Nelson Abels and Laura Aylor of Cushman & Wakefield’s Sunbelt Multifamily Advisory Group represented the seller, Waypoint Residential, in the transaction. The buyer was Southwood Realty Co.
Mason Augusta was developed in two phases in 2022 and 2024 and was 95 percent occupied at the time of sale. The property includes a mix of one-, two- and three-bedroom apartments ranging in size from 685 to 1,321 square feet, as well as a fitness center with yoga and spin studio, resort-style pools with sundecks and tanning ledges, clubhouse with e-lounge and coffee bar, game room, business center and a dining and lounge terrace with outdoor fireplace.
Other amenities at Mason Augusta include an automated parcel system, dog park and indoor pet spa, garages and outdoor gathering spaces with grilling kitchens and fire pits.