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The Park at Tara Lake

Posted: 5/18/2021
230 Units
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The Park at Tara Lake
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The Park at Tara Lake
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The Park at Tara Lake
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The Park at Tara Lake
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The Park at Tara Lake
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The Park at Tara Lake
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The Park at Tara Lake
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The Park at Tara Lake
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The Park at Tara Lake
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The Park at Tara Lake
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The Park at Tara Lake
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The Park at Tara Lake
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The Park at Tara Lake

About

About The Park at Tara Lake

The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of the 230-unit Park at Tara Lake apartment community located in Jonesboro, Clayton County, GA. This asset is situated in the in-fill Clayton County apartment submarket, characterized by limited new deliveries and strong organic rent growth of 50%+ since 2010. Additionally, Clayton County is currently ranked in the Top-10 in the nation for multifamily rent growth. The area’s performance is propelled by a surge in jobs and industrial growth, making it a prominent manufacturing and logistics hub. Thanks to the strong rent growth and surging economy in Clayton County, Park at Tara Lake is currently signing leases well over its average effective rent. Further, renovated nearby assets provide a clear path to increased income through an interior value-add scenario.