Morgan Properties Acquires 260-Unit Suburban Atlanta Community in Strategic Move

Morgan Properties has acquired the 260-unit Corwyn South Point in McDonough, GA, rebranding it as Arden at South Point in its first-ever sale since 2022.

By: AXL Media

Published: Mar 11, 2026, 4:37 AM EDT

Source: https://www.multihousingnews.com/

Leadership Transition and Acquisition Strategy

The purchase coincides with a major leadership milestone at Morgan Properties, as Jonathan and Jason Morgan step into roles as Co-CEOs. This acquisition signals the new leadership's commitment to expanding in high-growth "Sunbelt" corridors. Following the change in ownership, the property will be rebranded as Arden at South Point, moving away from its original developer-given name.

Asset Profile and Rebranding

Located at 1000 Columns Drive, Arden at South Point is a modern, garden-style community spanning 28 acres. The property consists of 10 three-story buildings featuring a mix of one-, two-, and three-bedroom floor plans.

Unit Mix and Amenities:

Total Units: 260 (130 one-bedroom, 118 two-bedroom, 12 three-bedroom)