Orchard Lane

Posted: 3/1/2017
SOLD
137 Units
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Orchard Lane
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Orchard Lane
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Orchard Lane
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Orchard Lane
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Orchard Lane
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Orchard Lane
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Orchard Lane
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Orchard Lane
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Orchard Lane

About

About Orchard Lane

Offers due:  Thursday, April 6, 2017

The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 137-unit Orchard Lane apartment community located in Mableton, GA (Cobb County). Built in 2001, this asset features 9’ ceilings, brick and vinyl construction, and is situated in the highly sought-after Cobb County, Georgia. The property is minutes from the under construction, $400M UPS logistics hub that will add more than 1,250 jobs by 2018. The well-designed floor plans (average 1,135 SF) will benefit from continued professional management as well as an interior repositioning program to further the rising monthly collected income. Orchard Lane is no longer a part of the state tax credit program, allowing the removal of restricted rental rates ("sunset period"). Market rental rates leave additional room for rent growth.