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Cortland East Cobb

Posted: 5/21/2024
323 Units
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Cortland East Cobb
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Cortland East Cobb
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Cortland East Cobb
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Cortland East Cobb
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Cortland East Cobb
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Cortland East Cobb
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Cortland East Cobb
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Cortland East Cobb
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Cortland East Cobb
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Cortland East Cobb
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Cortland East Cobb

About

About Cortland East Cobb

Offers Due:  Thursday, June 20, 2024 Add to Calendar

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is thrilled to present the exclusive listing of Cortland East Cobb, a 323-unit institutionally owned and operated multifamily asset that received significant renovations in 2019 and has been well maintained over the years. The property is strategically located in East Cobb, one of North Atlanta’s most sought-after suburban enclaves, and is shielded by formidable barriers to new competition. Additionally, the property provides a unique opportunity to perform light enhancements to 94 units, to achieve notable rental upside.

Cortland East Cobb benefits from access to Atlanta’s top economic hubs, impressive demographics ($100K+ HHI within 3 miles and 11% 5-year projected increase), and a multitude of lifestyle amenities, including The Battery. Home of the Atlanta Braves, The Battery is a transformative 2M+ SF entertainment complex featuring a multitude of destination retail and restaurants. Moreover, the I-75 North corridor, known for its limited housing inventory and strong growth prospects, surrounds Cortland East Cobb providing significant rental headroom. Remarkably, within a 3-mile radius of the property, there have been no new housing developments since 1997, nor are there any in the planning stages, underscoring the exclusivity and stability of this investment. New ownership will immediately benefit from Cortland East Cobb’s stellar track record and unparalleled setting, as it’s proven performance will continue driving the asset’s upward trajectory.

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