Two Blocks

Posted: 8/6/2021
400 Units
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Two Blocks
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Two Blocks

About

About Two Blocks

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the exclusive listing of Two Blocks, a 400-unit multifamily community in one of Atlanta’s most affluent submarkets. The property is strategically positioned in Dunwoody, a desirable, first-ring suburban submarket with extremely high barriers to entry. The stage is set for continued growth with the asset’s ideal location adjacent to Central Perimeter and Pill Hill - the Sunbelt’s largest central business district and Atlanta’s largest healthcare presence, respectively. Two Blocks is 100% leased and is experiencing exceptional performance trends with 20% organic rent growth on new leases. The property is also primed for substantial upside through the upgrade strategy of fully renovating 228 unrenovated units and also fully renovating 172 partially renovated units.