Location
Decatur, Georgia, is a booming market and economy. Arborside Apartment Homes is a value-add, workforce housing investment located within the Dekalb County area of Georgia. The property includes forty-six (46) two & three-story apartment buildings comprised of 1-, 2-, 3-, and 4-bedroom floorplans.
Property Health
The property received a significant capital expenditure investment in 2020, including a light renovation of the unit interiors (approximately 70% of the units) and as-needed repairs of the exterior. The asset has a historical occupancy rate of 90%.
Proximity to Commerce
Arborside is located near several major employment centers, including the Snapfinger and Lithonia Industrial Districts, and the Home Chef and Home Depot distribution centers.
Positive Demographic Trends
Georgia Tech plans 18-acre/$750M expansion. CODA, in collaboration with Georgia Tech, plans $355M investment, including 93k SF data center. Microsoft also plans to develop 90 acres near Grove Park, including affordable housing.
