Dallas Walk & Steele Forest

Various locations

描述

JLL, as exclusive advisor, is pleased to present the offering of Dallas Walk, a 22 home, single family rental community located in Dallas, GA (the “Property”), and Steele Forest, a 64-home, single family rental community located in Hampton, GA (the “Property” and collectively, the “Offering” or “Properties”). The Offering is available for purchase combined or individually, allowing for maximum investment flexibility.

Built in 2018 & 2019, both Properties feature 3-, 4-, and 5-bedroom detached homes ranging from ±1,420 - ±2,435 SF. Home interiors include granite countertops, stainless-steel appliances, two-car garages, luxury vinyl plank flooring, walk in showers*, and dual vanities*.

Subsequent ownership will benefit from the discount to retail home sales, with sales exceeding $350,000 and $315,000 in Dallas and Hampton respectively. The Offering presents an opportunity to capture significant rental upside given that rents at the Properties are 18% below those of comparable properties and are 15% - 30% below the monthly expense of owning a home. By purchasing both properties together, investors can implement accretive Agency financing and achieve positive leverage upon acquisition

Dallas, Georgia offers small-town charm with easy access to Atlanta's metropolitan amenities, making it an attractive location for both residential communities and businesses seeking a more affordable alternative to the urban core. The city also benefits from a great schooling system, low crime, and access to retail, healthcare, and recreation. Dallas is projected to grow ±15% in population over the next 5 years, emphasizing the popularity of the submarket.

Hampton, Georgia combines rural tranquility with proximity to Hartsfield-Jackson Atlanta International Airport and major transportation corridors. Henry County has experienced a boom in popularity with over $2B in investment and 8,000+ new jobs added between 2019 – 2024. Residents have access to an abundance of employment, retail, and recreation options within the County.

*In select units

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