Elme Sandy Springs_Property for Sale
Elme Sandy Springs_Property for Sale
501 North River Parkway, Atlanta, GA, 30350, US

Elme Sandy Springs

Description

JLL, as exclusive advisor, is pleased to present for sale Elme Sandy Springs, a 389-unit multi-housing community (the “Property”) consisting of 163 renovated units and 226 classic units. Units renovated by current ownership include stainless-steel appliances, granite or quartz countertops, plank flooring, modern shaker cabinetry, upgraded vanities, and LED lighting. Units renovated by prior ownership include wood cabinets, stainless-steel appliances, plank flooring, and upgraded finishes.


Built in 1972, The Energy Star Certified Property consists of 1-, 2-, 3-, and 4-bedroom apartment homes and townhomes boasting an average unit size of ±1,301 SF. Elme Sandy Springs presents subsequent ownership the opportunity to acquire a well maintained asset in a top submarket of Atlanta at a steep discount to replacement cost.


Ideally situated in Sandy Springs, residents benefit from proximity to top-tier schools, nearby retail & entertainment, and GA-400, which allows for seamless connection to Greater Atlanta. The Property is within a 20-minute drive to Atlanta’s most prominent employment hubs such as Central Perimeter, Buckhead, Alpharetta, and Cumberland.


LINK TO ELME CONYERS

LINK TO ELME MARIETTA

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Attributes

Units
389
Year built
1972
Occupancy
91%
Building area net
506,168 sf
Land area gross
29.76 acres
Parking spaces
940

Media

Investment highlights

  1. Discount to Replacement Cost
  2. Unique Multihousing Offering with 60% Townhomes
  3. Opportunity for Large Scale Value Add
  4. Extraordinary Area Demographics
  5. Surrounded by Employment Opportunities with Great Accessibility
  6. Access to Retail, Entertainment and Recreation
Elme Sandy Springs 4_Property for Sale
Elme Sandy Springs 4_Property for Sale

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Elme Sandy Springs (0 Properties)

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Last updated
Sep 15, 2025