Acquired July 2022

LOCATION: East Point, GA

Unit Count: 120 Units

Target IRR: 16.06%

Target Equity Multiple: 1.90x

Acquisition of a 120-unit, value-add asset. Located in East Point (GA), an urban city within the Atlanta MSA. Proximity to the Atlanta Airport and Downtown Atlanta, major retailers & employers along with immediacy to major new development projects (Major mixed-use development currently under Development Six West). A renovation-oriented business plan combined with an attractive in town location, provides an opportunity for rent growth, asset appreciation, and value generation.

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