The Grove at Ben Hill Sells for $29.5M in Southwest Atlanta

The Grove at Ben Hill, a 216-unit garden-style community at 2975 Continental Colony Parkway SW in southwest Atlanta, sold for $29.5 million, or roughly $137,000 per unit. The three-story property, formerly Village on the Green, sits on 16 acres in Ben Hill near Hartsfield-Jackson.

The buyer is a 50/50 joint venture between PXV Multifamily and Pamera North America. The deal is the first acquisition for Miami-based PXV, launched by Matt Ferrari in November 2025. Closing came at the end of July 2026; the deal was announced August 5. Total investment volume is approximately $32 million, or about $148,000 per unit.

Built in 2004, the property has 216 units across 15 buildings. The mix: 80 one-bedrooms, 104 two-bedrooms (including 12 townhomes), and 32 three-bedrooms, averaging about 1,100 square feet. Amenities include a clubhouse, business center, fitness center, pool, tennis courts, grilling and picnic areas, playground, and dog park.

The new owners plan a roughly $3 million modernization. Greystar takes over management from Peak Living. The seller was not identified. Cushman & Wakefield's Travis Presnell, Wesley Lacefield, Mike Kemether, and James Wilber marketed the deal.

The property sits near the I-75 and I-85 logistics corridors, between the airport employment district and downtown Atlanta.