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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.

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Contact Information

Chandler Brown

Director, Multifamily Sales and Lending

Cory Caroline Sams

Director, Multifamily Sales and Lending

Barden Brown

Managing Director, Multifamily Sales and Lending

Bo Brown

President and CEO