Fund III

675 North Highland

Atlanta,

GA

Total Required Equity
$18,800,000
Asset type
Multifamily
Investment Objective
Core Plus
Investment Date
September 2017

Investment Summary

675 North Highland is a recently-developed 125-unit Class A+ apartment community (Phase I) in the premier Virginia Highlands neighborhood of Atlanta, GA. The property also includes 20,031 square feet of ground-level retail and a 391-stall parking garage. 675 N. Highland also contains an adjacent, fully-entitled 0.42 acre land parcel on which we are developing additional 39 multifamily units and 8,282 square feet of ground-level creative office space.

675 North Highland has the look and feel of a high-end condominium community, but is uniquely positioned to cater to residents that desire a boutique rental experience. The average unit size is over 1,000 square feet and includes 10+ foot ceilings, gas cooking with exterior venting and market-leading amenity offerings like a state-of-the-art fitness center, generous club room, expansive pool deck with bocce court, fire pits, grilling stations and a package concierge system.

Located in one of the region’s most dynamic neighborhoods, Virginia Highlands, it took the developer/seller twelve years to acquire the land for the property, entitle it, and build Phase I, exemplifying the neighborhood’s high barriers to entry. The Virginia Highlands offers residents intown living and vibrant shopping, dining and nightlife activities. The property is also within walking distance to other major Eastside Atlanta neighborhoods that boast some of the city’s newest and hippest restaurants and venues.

Explore our open investment opportunities.