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The Carlyle of Sandy Springs

Posted: 10/18/2021
389 Units
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The Carlyle of Sandy Springs
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The Carlyle of Sandy Springs
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The Carlyle of Sandy Springs
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The Carlyle of Sandy Springs
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The Carlyle of Sandy Springs
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The Carlyle of Sandy Springs
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The Carlyle of Sandy Springs
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The Carlyle of Sandy Springs
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The Carlyle of Sandy Springs
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The Carlyle of Sandy Springs
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The Carlyle of Sandy Springs
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The Carlyle of Sandy Springs

About

About The Carlyle of Sandy Springs

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 389-unit The Carlyle of Sandy Springs apartment community located in North Atlanta, Fulton County, Georgia. This asset is strategically located between Roswell Road and GA 400, in the highly affluent and sought-after Sandy Springs submarket. The asset is surrounded by 9.3M SF of retail, including high-end shopping, restaurants, and destination spots. The property is also steps from the Chattahoochee River and numerous nature trail systems. Due to the strong rent growth in the submarket, the 18 most recent leases have been signed at an average of $355 over in-place rents. With 123 fully renovated units at the property, the asset is primed for an interior value-add program to the remaining units. Built in 1972, The Carlyle of Sandy Springs offers an outstanding opportunity to invest in an exciting value-add asset in a high barriers-to-entry submarket with limited new supply.