Address
100 Peyton Rd
Atlanta, GA 30311
Neighborhood Highlights
- Downtown: 7 miles
- Train Station: 0.2 miles
- Bus Station: 0.2 miles
- Airport: 14 miles
- Hospital: 7.5 miles
Atlanta Market Rate Conversion
Overview
Sprawling across 13 acres on the Atlanta Beltline, this West Atlanta asset is along the path of progress where significant developments are underway, including the 90-acre Microsoft campus and Bellwood Quarry, Atlanta’s largest park.
This asset is a pure value-add play as the 15-year compliance period from Low Income Housing Tax Credits (LIHTC) has expired, offering significant upside opportunity to convert all of the tax credit and Section 8 units into market rate units.Â
Stabilized
West Grove Atlanta
250,678 Sq ft
Affordable Apartments
230 Units
2004
96%
Value-add
Invest in this Atlanta Deal
On-Site Amenities
This asset has more than $550,000 in potential rent increases from
the opportunity to convert affordable units into market rate.
the opportunity to convert affordable units into market rate.
Located on the Atlanta Beltline
Significant Income Growth Opportunity
On the Bus Line
Swimming Pool
Children's play area
Dog Park
Resident Business Center
Fitness Center
Gallery
Property
Amenities
Units
Property
Amenities
Units
Floor Plan
Units
Units
Location
Let's talk!
We're ambitious about meeting shifting market, capital and tenant demand.
Partner, invest and align with us.
Email us directly:
hello@iconheritagepartners.com