Our Portfolio
320 UNITS — ATLANTA, GA
Wynnwood Vinings
Units: 320
Year built: 1985
Location: Atlanta, GA
Acquired: October 2022
Purchase price: $71.5M
1031 exchanges: 14
Equity invested: $33.5M
CapEx budget: $2.3M
Atlanta named one of the cities with the best real estate prospects in 2023 − Urban Land Institute
Atlanta Is the Best Place to Live in the U.S. - Money.com
Investment Highlights
- Value-add multifamily investment opportunity in an affluent Atlanta neighborhood
- Located just inside I-285; within two miles of Home Depot Headquarters and four miles of The Battery and Truist Park (home of the Atlanta Braves)
- Average household income $128K within 1 mile
- Loan fixed at 4.79% for 7 years protects against risk of rising rates
- The property’s name was changed to Wynnwood Vinings upon acquisition as part of the asset repositioning