The Reserve at Peachtree Corners — Sale in Peachtree Corners, GA

  • Price: $200
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Peachtree Corners, GA 30092
  • Size: 402,922 SF
  • Year built: 1985

Photos

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Description

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 62 units (17.5%) with quartz countertops, new backsplashes, updated appliances, and vinyl-plank flooring, allowing ownership to realize an average rental premium of ±$200. 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.

Market Context

This multifamily in Peachtree Corners, GA is listed for sale at $200 across 402,922 SF. The building dates to 1985. Compare it against other multifamily listings for sale in Peachtree Corners, GA — view the full market.

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