The Reserve at Peachtree Corners _Propriété à vendre
The Reserve at Peachtree Corners _Propriété à vendre
3495 Jones Mill Rd, Peachtree Corners, GA, 30092-4376, US

The Reserve at Peachtree Corners

Description de l'actif

JLL, as exclusive advisor, is pleased to present for sale The Reserve at Peachtree Corners (the “Property” or “Reserve”), a 354-unit, value-add investment opportunity located in the Peachtree Corners submarket of Atlanta, Georgia. The Property consists of 1-, 2-, and 3-bedroom apartment homes and an array of community amenities including a resort-style pool, clubhouse, playground, 7-acre fishing lake, business center, and a fitness center.


Built in 1985, The Reserve affords subsequent ownership the opportunity to capture additional rental upside by following the proven renovation roadmap. Current ownership enhanced 61 units (17.2%) with quartz countertops, new backsplashes, updated appliances, and vinyl-plank flooring, allowing ownership to realize an average rental premium of ±$180.


Ideally situated in the Peachtree Corners submarket, residents are proximate to a plethora of shopping, dinning, and entertainment at the Peachtree Corners Town Center and The Forum Peachtree Corners. The Reserve offers immediate access to the Peachtree Corners Technology Park which employs more than 10,000 people and spans ±500 acres. Residents also benefit from close proximity to I-285, I-85, and GA-400, allowing them to rapidly commute to many of Atlanta’s top employment and entertainment hubs such as Buckhead, Alpharetta, Cumberland, and Midtown.

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Attributs

Année de construction
1985
Nombre d'unités
354
Superficie du bâtiment brute
37 433 mètres carrés
Nombre de bâtiments
18
Superficie du terrain brute
17,79 ha
Places de parking
700
Occupation
92 %

Média

Points forts de l'investissement

  • OPPORTUNITY TO ACQUIRE BELOW REPLACEMENT COST


  • PROVEN, LARGE SCALE VALUE-ADD OPPORTUNITY


  • SIGNIFICANT DISCOUNT TO HOMEOWNERSHIP


  • PROXIMITY TO DINING, SHOPPING, AND RECREATION


  • ACCESS TO MAJOR EMPLOYERS
The Reserve at Peachtree Corners  4_Propriété à vendre
The Reserve at Peachtree Corners  4_Propriété à vendre

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Dernière mise à jour
20 janv. 2025