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Winters Creek

200 Units, 1983 Constructed


Property Highlights:

Year Built / Renovated: 1983 / N/A
Number of Units: 200 Units
Average Square Feet: 877 SF
Total Square Feet: 175,400 SF

Site Details

Site Size / Density: 16.7 Acres; 12.0 Units per Acre Parking: Ample

Unit Features

  • Fully-equipped Kitchen
  • Faux Granite Countertops
  • Frost-free Refrigerator with Icemaker
  • Open Breakfast Bar
  • Black Appliances*
  • New Cabinet Doors*
  • New Backsplash*
  • New Lighting, Hardware and Fixtures*
  • Separate Dining Area*
  • Pantry*
  • Washer/Dryer Connections*
  • Faux Wood Vinyl Flooring
  • Patio/Balcony with Storage Closet
  • Wood-burning Fireplace*
  • Walk-in Closet(s)
  • Entry Foyer with Closet*
  • Ceramic Tile Tub Surround
  • Window Blinds
  • (* In select units)

Community Amenities

  • Clubhouse/Leasing Office
  • Swimming Pool
  • Fitness Center
  • Sports Court
  • Soccer Court
  • Dog Wash Station
  • Playground
  • Gazebo/Grilling Area
  • Laundry Center
  • Dog Park
  • Mail Kiosk
  • On Bus Line

Investment Highlights:

  • Winters Creek Apartments is a 1980s built asset that features attractive architecture with durable brick and stucco exteriors, pitched roofs, exterior breezeways, and concrete slab foundations.
  • 98% occupied, 100% pre-leased.
  • $16 delta between in-place average rents on the rent roll and current market rents suggesting strong demand and organic rent growth upside.
  • $250-$300 rent premiums available through interior value-add program.
  • Located in sought-after Dunwoody High School District.
  • The asset’s one- and two-bedroom garden-style units feature fully equipped kitchens, walk-in closets, and a patio/balcony with exterior storage closet. Washer/dryer connections and wood-burning fireplaces are available in select units.
  • 1.5 miles from “Gray TV Studio City”, one of Atlanta’s largest development efforts at the former General Motors plant.
  • This mixed-use development will be home to the state’s largest film studio space alongside a mixed-use development featuring apartments, offices, e-sports venue, and a public park.
  • Gray TV Studio City’s sound stages are planned to be open by Spring 2022.

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

Senior Director
678-296-2220
cory@brownra.com

Taylor Brown

Managing Director
678-894-2219
taylor@brownra.com

Barden Brown

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

Bo Brown

President and CEO