Manchester Place

Posted: 9/20/2017
SOLD
308 Units
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Manchester Place
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Manchester Place
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Manchester Place
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Manchester Place
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Manchester Place
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Manchester Place
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Manchester Place
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Manchester Place
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Manchester Place
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Manchester Place
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Manchester Place
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Manchester Place
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Manchester Place
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Manchester Place
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Manchester Place
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Manchester Place
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Manchester Place
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Manchester Place

About

About Manchester Place

The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 308-unit Manchester Place apartment community in Lithia Springs, GA. Manchester Place is located in one of the most desirable and rapidly expanding logistics/distribution markets in the Atlanta metro area: near the Fulton Industrial Boulevard Corridor, 15 miles east of the Central Business District, and 20 miles north of Atlanta’s Airport. The property is situated in the high barrier-to-entry Douglas County apartment submarket, characterized by limited new deliveries and strong organic rent growth. With such limitations on new multifamily, occupancy and rent have continued to climb, leading to a strong historical property performance. With demand for upgraded interiors in the submarket, Manchester Place is an excellent opportunity to acquire a true value-add investment well below replacement cost.