Berkadia's Atlanta Investment Sales team is pleased to present the 376-unit Pines at Greenbriar multifamily community. Located in the Atlanta MSA, the South Fulton submarket has exhibited strong fundamental trends since the first quarter of 2014. As a result, the subject has experienced impressive growth in effective gross income. Pines at Greenbriar's location offers it excellent connectivity to many of Atlanta's major employment hubs, including Buckhead, Midtown, Downtown, and Hartsfield-Jackson International Airport.
Built in 1971, the subject benefits from the completion extensive capital improvement projects since 2017 which have successfully increased curb appeal and reduced heavy lifting for a future ownership. Additionally, Pines at Greenbriar offers multiple channels of value-add upside including substantial mark-to-market rent growth, untapped down unit revenue, and loss-to-lease burn-off.
*In Select Units
Three Alliance Center 3550 Lenox Road, Suite 2600 Atlanta, GA 30326 // T. 404.445.1066
© 2018 :: Berkadia Berkadia® is a trademark of Berkadia Proprietary Holding LLC.
© 2019 Berkadia Proprietary Holding LLC. Berkadia® is a registered trademark of Berkadia Proprietary Holding LLC. Commercial mortgage loan banking and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. Investment sales / real estate brokerage business is conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. This advertisement is not intended to solicit commercial mortgage loan brokerage business in Nevada. In California, Berkadia Commercial Mortgage LLC conducts business under CA Finance Lender & Broker Lic. #988-0701, Berkadia Commercial Mortgage Inc. under CA Real Estate Broker Lic. #01874116, and Berkadia Real Estate Advisors Inc. under CA Real Estate Broker Lic. #01931050. For state licensing details for the above entities, visit: http://www.berkadia.com/legal/licensing.aspx
© 2019 :: Berkadia Real Estate Advisors LLC
Berkadia® is a trademark of Berkadia Proprietary Holding LLC.