About Flats at Perimeter Place
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is excited to present the exclusive listing of Flats at Perimeter Place, a prominent 323-unit midrise apartment community located in the heart of Atlanta’s dynamic Central Perimeter (135K+ jobs) district. Strategically positioned in Dunwoody’s vibrant Perimeter Place office/retail center, residents truly enjoy a live/work environment. Central Perimeter is the preeminent Sunbelt CBD, long established as a Fortune 500 stronghold and thriving job enclave anchored by global corporations like State Farm and Insight Global, as well as Pill Hill (20K+ healthcare jobs). The district’s magnetic appeal and energetic growth continues, as evidenced by the new $2B High Street development, which is a 10-block, multi-phase that will bridge the adjoining cities of Dunwoody and Sandy Springs with new Class A office and curated retail intertwined with bicycle-friendly streets and expansive public areas. Flats at Perimeter Place has demonstrated impressive lease trade-outs, averaging an 18.4% increase on new leases since June 2022. Current ownership has substantially renovated ~50% of the units while also injecting nearly $1M into the amenities and common areas, presenting an exceptional opportunity to revamp the remaining units and capitalize on the proven premiums.