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Weatherly

A 224-Unit Multifamily Asset | Stone Mountain, Georgia


Property Highlights:

Year Built / Renovated: 1983 / N/A
Number of Units: 224 Units
Average Square Feet: 786 SF
Total Square Feet: 176,160 SF

Site Details

Site Size / Density: 19.4 Acres; 11.5 Units per Acre Parking: Ample

Unit Features

  • Fully-equipped Kitchen
  • Frost-free Refrigerator with Icemaker
  • Pantry*
  • Patio/Balcony with Storage Closet
  • Washer/Dryer Connections*
  • Laundry/Utility Room*
  • Fireplace*
  • Walk-in Closet in Every Bedroom
  • Entry Foyer with Closet*
  • Garden Tub
  • Ceiling Fan(s)
  • Window Blinds
  • (* In select units)

Community Amenities

  • Clubhouse/Leasing Office
  • Controlled Access Gate
  • Resort-Style Connected Swimming Pool
  • Covered Picnic Area
  • Dog Park
  • Playground
  • Laundry Center
  • Mail Kiosk

Investment Highlights:

  • Mid-1980s construction with strong curb appeal
  • Market proven rent growth potential
  • Opportunity to continue value-add through interior renovation
  • Excellent visibility and exposure facing well-traveled N. Hairston Road (22,400 vehicles per day).
  • Highly accessible location just 1 mile south of Highway 78 and 3.5 miles east of Interstate 285.
  • 5.9% rent growth and 6.9% revenue growth in Stone Mountain submarket.
  • Two miles west of Stone Mountain Park and its recreational offerings.

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

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

Taylor Brown

Director - Multifamily Sales and Lending
678-894-2219
taylor@brownra.com

Cory Caroline Sams

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

Bo Brown

President and CEO