Project Description
Acquisition, conversion and resale of a high occupancy Multi Family property with 102 units. The 21.7 acres compound is situated next to 2 highways and employment centers.
300 Carpenter Drive NE, Atlanta, GA, 30328 USA
Year launched
2018
Expected duration
36 Months
About the neighborhood
Sandy Springs is part of the Atlanta metroplex and located 13 miles away from the city center. It has developed out of Buckhead, one of Atlanta’s most luxurious neighborhoods. The city is known for offering many employment opportunities. Hospitals and shopping centers located whitin the city attracts many employees and visitors – almost twice as much as its residents.
About the developer
Arkkan Capital specializes in acquisition and management of residential complexes in the South-East, Central, and South-Central US. The company identifies and acquires high quality property for attractive prices, which meet its criteria, improves on it and makes high yields for its investors in a relatively short time span.
The opportunity
Acquisition, conversion and resale of a high occupancy Multi Family property with 102 units. The 21.7 acres compound is situated next to 2 highways and employment centers.
Other projects by the sponsor
Atlanta, Georgia – Sandy Springs
Acquisition, conversion and resale of a high occupancy Multi Family property with 102 units. The 21.7 acres compound is situated next to 2 highways and employment centers. 300 Carpenter Drive NE, Atlanta,
Birmingham, Alabama
Acquisition of a vintage 176 units multifamily complex, renovation, increase NOI, and sale. A stabilized asset generating a strong yield from day one with a room for upside. 316 Beacon Crest Lane
Atlanta, Sandy Springs, Georgia
Acquisition, improvement and realization of a multifamily property comprising 102 housing units in Atlanta Metropolitan Area, Georgia, USA 300 Carpenter Drive NE, Atlanta, GA 30328 2018
Atlanta, Georgia – Reserve at Sweetwater Creek
Acquisition, conversion and resale of income generating Multi Family propery in North Carolina, Atlanta, with 156 residential units and a high occupancy rate, 10 building and 139,200 SF. The Property is located next
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