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The Reserve at 2070

244 Units • Built in 1972


Property Highlights:

Year Built / Renovated: 1972 / N/A
Number of Units: 244 Units
Average Square Feet: 1,101 SF
Total Square Feet: 268,784 SF

Site Details

Site Size / Density: 22 Acres; 11.1 Units per Acre Parking: Ample

Unit Features

  • Fully-equipped Kitchen
  • Black/Stainless Steel Appliances*
  • Faux Granite Countertops*
  • Faux Wood Vinyl Flooring
  • Frost-free Refrigerator
  • Separate Dining Area*
  • Patio/Balcony
  • Washer/Dryer Connections*
  • Walk-In Closets*
  • Window Blinds
  • (*In select units)

Community Amenities

  • Clubhouse/Leasing Office
  • Swimming Pool
  • Fitness Center
  • Sports Court
  • Playground
  • Dog Park
  • Laundry Center
  • Outdoor Grilling Area with Picnic Tables
  • Gazebo
  • Mail Kiosk
  • Mature Landscaping

Investment Highlights:

  • The Reserve at 2070 is a 100% brick asset that benefits from pride of ownership, featuring solid architectural bones and strong curb appeal.
  • Mix of one-, two-, and three-bedroom garden-style and townhome floorplans averaging 1,102 square feet. 144 units feature washer/dryer connections.
  • The Q1 2021 annualized rent change in the Clayton County submarket is +10.8% and annualized revenue change is +12.5%, according to RealPage.
  • CoStar ranked Clayton County as one of the fastest growing submarkets for rent growth in the nation, as well as having one of the highest percentages of year-over-year rent growth over the last 12 months.
  • Rent comparables prove the ability to renovate all interiors to the elite level and potentially receive an additional $130-$200 in rent.
  • Within a 3-mile radius of the property, the average household income is over $62,000 and the median income is over $51,000.
  • Collections are improving and delinquency is decreasing as the economy improves and as the spring/summer leasing season approaches.
  • The asset is strategically located five miles southeast of Atlanta’s largest employment hub, Hartsfield-Jackson Airport.
  • Located at center of an economic revitalization zone bringing nearly 5,000 jobs, including Fort Gillem and Aerotropolis.
  • Residents are just off Jonesboro Road (37,800 vehicles per day) with quick access to I-75 (168,000 vehicles per day).
  • Situated less than two miles from a major retail corridor centered on Southlake Mall (one million SF), which is anchored by Macy’s and features 90 additional shops and eateries. Substantial satellite big-box retail is a major source of local employment.
  • Just 1.5 miles from the redeveloped Fort Gillem logistics park, and close to thousands of new jobs.

To access more detailed information about this property such as the Offering Memorandum PDF or other documents please Log in or Register.

Contact Information


Barden Brown

Senior Managing Director
678-894-2221
barden@brownra.com

Chandler Brown

Director, Multifamily Sales and Lending
678-894-2225
chandler@brownra.com

Bo Brown

President and CEO
678-894-2216