The Retreat at Stonecrest

Posted: 1/25/2017
SOLD
276 Units
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The Retreat at Stonecrest
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The Retreat at Stonecrest
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The Retreat at Stonecrest
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The Retreat at Stonecrest
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The Retreat at Stonecrest
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The Retreat at Stonecrest
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The Retreat at Stonecrest
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The Retreat at Stonecrest
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The Retreat at Stonecrest
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The Retreat at Stonecrest

About

About The Retreat at Stonecrest

Offers due:  Thursday, March 2, 2017

The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 276-unit The Retreat at Stonecrest apartment community located in east metro Atlanta, DeKalb County, Georgia. Retreat at Stonecrest benefits from outstanding visibility along Interstate 20 as well as proximity to the Snapfinger Industrial Park. Built in 2003, Retreat at Stonecrest is one of only a handful of communities built since 2000. This limited inventory commands greater demand and offers an owner the opportunity to acquire a “Best in Class” asset. Despite being built in 2003, the asset can increase rents and benefit from modernizing unit interiors to capture the demand that is already evident in the submarket. By spending $3,800 and establishing a $100 premium, the ROI would be 32%.