Multifamily Investments
November 6, 2026

ECI Group Launches Pre-Leasing for $60 Million Averly Richmond Hill Community in Georgia

2 minutes read
by Multifamily Summit
ECI Group Launches Pre-Leasing for $60 Million Averly Richmond Hill Community in Georgia

ECI Group has launched pre-leasing for The Averly Richmond Hill, a $60 million apartment community located on Ford Avenue in Richmond Hill, Georgia.

The gated community consists of 243 one-, two-, and three-bedroom apartment residences and 48 three-bedroom townhomes. According to the company, each unit includes a private porch or balcony.

The property is situated less than 1 mile from I-95 in Richmond Hill's retail and commercial district. The location provides access to highways and area employment centers. Major local employers include Hyundai, Gulfstream, Georgia Ports, and Fort Stewart. Schools in Richmond Hill and Bryan County are accessible to residents.

"The ECI leasing team is excited to welcome prospective residents to The Averly Richmond Hill," said Jimmy Baugnon, Chief Investment Officer. "Our spectacular Clubhouse is due to open November 17th, providing an opportunity to meet our leasing team and discuss upcoming move-in dates. The Averly Richmond Hill is a thoroughly modern community, carefully planned to live as a close-knit neighborhood."

The development includes 2 retail sites fronting Ford Avenue, totaling 3.5 acres. The sites are being marketed for ground leases by Ashley Smith and Tyler Mouchet of Colliers | Savannah.

The company described the community as including lifestyle amenities, with the clubhouse scheduled to open on November 17.

multifamily investment
multifamily
real estate operations
multifamily market trends
multifamily investment summit
multifamily investment events
multifamily investor strategies
Multifamily Summit

About the Author

Multifamily Summit

The Multifamily Investment Summit is an exclusive, high-level gathering of executives, meticulously designed for a limited audience of multifamily investors, operators, and industry leaders. Unlike traditional events with thousands of attendees, sprawling tradeshow floors, and sponsored speaker panels, this summit breaks the mold.

Related Articles

Hamilton Zanze Acquires 300-Unit Vital at Springbrook Apartments in Alcoa Tennessee for $1M

Wait, let me reconsider - the article doesn't mention the price. Let me write an accurate headline:

Hamilton Zanze Acquires 300-Unit Vital at Springbrook in Alcoa Tennessee
November 4, 2026

Hamilton Zanze Acquires 300-Unit Vital at Springbrook Apartments in Alcoa Tennessee for $1M Wait, let me reconsider - the article doesn't mention the price. Let me write an accurate headline: Hamilton Zanze Acquires 300-Unit Vital at Springbrook in Alcoa Tennessee

Hamilton Zanze expands into the Knoxville market with the acquisition of Vital at Springbrook, a 300-unit community in Alcoa, Tennessee. The property joins the firm's Tennessee portfolio of 3,451 units across 15 communities. Completed in 2024, the elevator-served community features studio through two-bedroom homes and sits within Springbrook Farms, a master-planned development. Mission Rock Residential will manage the property alongside Hamilton Zanze's Chattanooga and Nashville assets.

Carmel Partners Acquires 268-Unit Silver Apartments in Central San Jose
October 30, 2026

Carmel Partners Acquires 268-Unit Silver Apartments in Central San Jose

Carmel Partners acquired Silver, a 268-unit multifamily community in Central San Jose, marking the firm's fourth Bay Area acquisition within Carmel Fund 9. The 2018-built property features studio through two-bedroom units with extensive amenities. Carmel plans a value-add strategy with strategic upgrades across residences and community spaces. The asset's location near the Diridon transit hub and Downtown San Jose provides access to Silicon Valley employers and urban amenities.

Multifamily Innovation® Technology & AI Summit

Connect with industry leaders and gain insights into the multifamily real estate market. The premier conference for multifamily investment professionals.

Date
December 1-3 2026
Location
Phoenix, Arizona
Register Now