Chapel Run
4522 Snapfinger Woods Dr, Decatur, GA, 30035-4178, US
172 units
Attributes
Units
276
Occupancy
96%
Year built
2005
Rent & Income Restrictions
100% LIHTC
Description
Jones Lang LaSalle Americas, Inc. ("JLL") is pleased to exclusively offer for sale Leyland Pointe, a 276-unit, 100% LIHTC community located in the Atlanta MSA which is one of the nation's fastest-growing metros, where new supply is projected to reach a 10+ year low over the next three years. The Property demonstrates strong operational performance with 96% physical occupancy as of May 2026 and robust recent leasing. The offering is further enhanced by over $1.9 million in recent capital investment and attractive, assumable Fannie Mae debt (5.40% fixed rate, full-term interest-only). Finally, with affordability restrictions expiring in 2036, Investors are presented with several value creation opportunities in reversion, including preservation incentives (such as tax exemptions or LIHTC rehab) or market-rate conversion.
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Investment highlights
- Robust Recent Leasing
- Accretive & Assumable Existing Debt
- Improvements in Water/Sewer Expense Recapture
- Significant Capital Investment
- Expiration of the LIHTC LURA Offers Reversion Flexibility
- Situated in the Premium, Growing Atlanta MSA
- Strengthening Fundamentals Bodes Well for Future NOI Growth
Media
Leyland Pointe (0 Properties)
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Last updated
Jun 11, 2026