Contacts
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Property Details
- Property Type Other
- Units 168
- Additional Rent Contact for pricing
- Date Updated Dec 23, 2024
- The Reserve is a 2006-built Class-A asset consisting of 168 units.
- The property offers desirable construction elements including brick and Hardie Plank siding exteriors, and total electric utilities.
- Located in Carroll County which has highest YoY rent growth in Atlanta MSA, as reported by CoStar.
- Opportunity to re-stabilize physical occupancy, currently at 55%, by bringing online the 48 offline units. The Carrollton multifamily occupancy remains strong at 93.5%, as reported by CoStar.
- Offered well below replacement cost.
- Enrollment at University of West Georgia has increased by 11.4% YoY
- The asset boasts a superior amenity package including two swimming pools, fitness center, game room, study rooms, grilling area, firepit, and controlled access gate.
- 95% classic interiors provides upside in renovating interiors with proven $150-$250 premiums by similar vintage nearby properties.
- Opportunity to convert from student housing to market rate.
- Conveniently located within a quarter of a mile from the University of West Georgia and the only property with a dedicated bridge connecting to campus.
- Walking distance to Carrollton Greenbelt – the largest green space and green way conservation project in the city.
Reach out to the broker for more info on lease terms and amenities
Getting around
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Walk Score ®
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Bike Score ®
Location
- City Carrollton, GA
- Zip Code 30017
Points of Interest
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Citgo
0.63 miles
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BBW
0.75 miles
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BP
0.79 miles
-
Chevron
0.79 miles
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Marathon
1.34 miles
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Texaco
1.48 miles
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MPG
1.68 miles
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ChargePoint
8.30 miles
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Greek Village
0.23 miles
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Nursing Lot
0.24 miles
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Lot 14
0.30 miles
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Lot 12A
0.34 miles
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Lot 12B
0.38 miles
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Lot 17C
0.40 miles
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Facilties Complex
0.52 miles
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Ed Center Lot
0.54 miles
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Guest Parking - Mayfair
1.08 miles
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Guest Parking - Mayfair Apartments
1.10 miles
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Courtyard Carrollton
1.49 miles
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Quality Inn
1.56 miles
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Super 8 Carrollton GA
1.76 miles
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Royal Inn & Suites
1.78 miles
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Crown Inn
1.79 miles
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Rodeway Inn
2.44 miles
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Comfort Inn & Suites
2.48 miles
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Hampton
2.51 miles
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Holiday Inn Express
2.67 miles
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Microtel Inn & Suites by Wyndham Bremen
7.98 miles
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Food Depot
1.28 miles
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Ingles
1.85 miles
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Publix
2.05 miles
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Target
2.06 miles
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TJ Maxx
2.23 miles
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Ross
2.28 miles
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Kroger
2.42 miles
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ALDI
2.61 miles
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Walmart Supercenter
2.92 miles
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Piggly Wiggly
9.06 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.