Northeast Atlanta Portfolio

Posted: 2/14/2017
SOLD
752 Units
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Photos

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Bella
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Bella
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Bella
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Bella
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Bella
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Centre at Peachtree Corners
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Centre at Peachtree Corners
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Centre at Peachtree Corners
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Centre at Peachtree Corners
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Centre at Peachtree Corners
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Summit at Dawson
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Summit at Dawson
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Summit at Dawson
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Summit at Dawson
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Summit at Dawson

About

About Northeast Atlanta Portfolio

The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 752-unit Northeast Atlanta Portfolio consisting of three apartment communities (Bella, Centre at Peachtree Corners, and Summit at Dawson) located in Norcross, Gwinnett County, Georgia. The properties share a similar vintage and location, situated three miles apart, offering new ownership economies of scale and operational efficiencies. With over $22.7M ($30K/unit) in strategic capital improvements spent in the last four years, prior ownership upgraded every aspect of the properties, allowing new ownership to focus on a minor value-add program to maximize portfolio value. The Northeast Atlanta Portfolio is very well maintained with fully-amenitized communities featuring oversized floor plans. The properties’ locations are poised for significant appreciation as both population and employment growth in the Northeast Corridor are projected to outpace the rest of the Atlanta Metro through 2030. Properties can be purchased individually or as a portfolio.