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The Barclay at Dunwoody

Posted: 7/18/2017
PRIVATE SALE
204 Units
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The Barclay at Dunwoody
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The Barclay at Dunwoody
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The Barclay at Dunwoody
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The Barclay at Dunwoody
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The Barclay at Dunwoody
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The Barclay at Dunwoody
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The Barclay at Dunwoody
Sold
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The Barclay at Dunwoody
Sold
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The Barclay at Dunwoody
Sold
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The Barclay at Dunwoody
Sold
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The Barclay at Dunwoody
Sold
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The Barclay at Dunwoody
Sold
Slideshow Image
The Barclay at Dunwoody
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The Barclay at Dunwoody
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The Barclay at Dunwoody

About

About The Barclay at Dunwoody

The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 204-unit The Barclay at Dunwoody apartment community located minutes from Perimeter Center, Atlanta’s densest employment base featuring over 123K jobs, 29M SF of office space, and 6M SF of premier retail. This asset is situated in the high barrier-to-entry Dunwoody apartment submarket, characterized by limited land zoned for multifamily and strict code enforcement. With such limitations on new multifamily, occupancy and rent have continued to climb, attracting nationally-based institutional ownership. These factors, coupled with the surrounding demographic profile highlighted by average HHI of $106K, have led to a strong historical property performance. The subject is primed for a value-add initiative to modernize the 2008 renovations and compete with the Perimeter Center comps. The Barclay at Dunwoody represents an opportunity to acquire a top-of-class asset well below replacement cost.