Fund II

The Olmsted

Chamblee,

GA

Total Required Equity
$14,944,446
Asset type
Multifamily
Investment Objective
Growth
IRR
28%
Hold Period
3 Years
Investment Date
2/15/2015

Investment Summary

The Olmsted, now known as The Oliver Chamblee, was a 283 unit, Class A ground up development featuring 11,000 square feet of retail. The property was located in the City of Chamblee along Peachtree Boulevard, Atlanta’s most prominent north-south thoroughfare, and one block from Atlanta’s rapid transit system (MARTA). The property had been granted a 20 year property tax abatement by the City of Chamblee, creating substantial upfront value and mitigating downside risk.

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