Login
New User
Your Profile

Villas of East Cobb

A 414-Unit Multifamily Asset | Marietta (East Cobb County), Georgia


Property Highlights:

Year Built / Renovated: 1972 / N/A
Number of Units: 414 Units
Average Square Feet: 1,269 SF
Total Square Feet: 525,700 SF

Site Details

Site Size / Density: 34.8 Acres; 11.9 Units per Acre Parking: Ample

Unit Features

  • Cathedral Ceilings*
  • Fully-equipped Kitchen
  • Stainless Steel Appliances*
  • Black Appliances*
  • Open Breakfast Bar*
  • Separate Dining Area*
  • Washer/Dryer Connections
  • Faux Wood Vinyl Flooring*
  • Patio/Balcony
  • Computer Niche*
  • Walk-in Closet(s)
  • Ceiling Fan(s)
  • Window Blinds
  • (* In select units)

Community Amenities

  • Clubhouse/Leasing Office
  • Resort Style Salt Water
  • Swimming Pool
  • Fitness Center
  • Tennis Court
  • Playground
  • Sport Court
  • On-site Dry Cleaning
  • Picnic Area with Grill
  • Laundry Center
  • Package Center
  • Mail Kiosks
  • Mature Landscaping

Investment Highlights:

  • Built in 1972, Villas of East Cobb offers residents an unparalleled true value-add in East Cobb.
  • This garden-style asset features 414 units with six distinct one- and two-bedroom flat, loft and townhome floorplans.
  • The floorplans average a spacious 1,270 SF and the largest two bedroom floorplans in the submarket
  • Desirable construction elements include: new pitched roofs, individual exterior entry, all electric utilities, concrete slab construction, copper wiring in 100% of unit interiors, and washer/dryer connections (in most units). No polybutylene piping or aluminum wiring reported.
  • With good architectural bones, the property is primed for a value add repositioning.
  • The current owner has spent almost half a million dollars upgrading the amenity package to include a newly constructed saltwater pool and pool deck, pickleball court, playground, renovated laundry facility, and clubhouse interior.
  • Property benefits from pride of ownership with long-term owner who has held the property for nearly 30 years.
  • Located in eastern Cobb County School District which has been highly regarded as Metro Atlanta's best county school system in the five core counties.
  • The asset is within two miles of the $1.1B Braves Stadium and entertainment/lifestyle complex, The Battery and SunTrust Park.
  • Located in top-ranking East Cobb apartment submarket with impressive occupancy and annual rent growth.
  • East Cobb was named “Georgia’s Best Place to Live” by Money magazine.

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

Contact Information


Chandler Brown

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

Cory Caroline Sams

Director, Multifamily Sales and Lending
678-296-2220
cory@brownra.com

Barden Brown

Managing Director, Multifamily Sales and Lending
678-894-2221
barden@brownra.com

Bo Brown

President and CEO