Hard work is paying off and we are thrilled to be expanding our footprint in the Atlanta area yet again. City Park is a beautiful 208 unit B-class asset located in a growth area of Atlanta with solid rent upside from improved management.
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On the west side of San Antonio, TX where growth is exploding, this property sits in one of the last remaining "affordable" sections of town. Not for long. You won't find mid-80s vintage in a top-growth market for $92k/door very often. There's a lot of work to do here but the upside is tremendous.
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With population growth leading the nation and median household income at over $120k, we are ready to break ground on our next ground-up development deal in San Antonio, TX. With 70+ acres of opportunity, this will be three phases and multi-use space.
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After nearly two years and many offers, we're excited to be expanding our footprint in the Atlanta area. This B-class property sits in an up-and-coming area with tremendous job growth and the potential to achieve A-class rents with property management.
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