Pacolet Milliken Acquires Apartment Community in Buckhead for $50.5M

by John Nelson

ATLANTA — Pacolet Milliken Enterprises Inc. has purchased The Haynes House, a 186-unit luxury apartment community in Atlanta’s Buckhead district. The company bought the Class A asset from a partnership between AIG Global Real Estate Investment Corp. and Alliance Residential Co. for $50.5 million. Built in 2015, The Haynes House is located on a 2.5-acre site on Peachtree Road near Peachtree Battle Avenue at the entrance to Atlanta’s historic Haynes Manor neighborhood. The property features a clubhouse, resort-style swimming pool, fitness studio, library and a lounge. Greg Engler and Kris Mikkelsen led Walker & Dunlop’s investment sales team in representing the sellers in the transaction. Pacolet Milliken was self-represented. Haynes House was more than 90 percent occupied at the time of sale.

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