Berkadia's Atlanta Investment Sales team is pleased to present the 160-unit Creekstone multifamily community, boasting 96% two-bedroom floor plans with newly renovated common areas. Located in Clarke County, the East Athens submarket has exhibited strong fundamental trends since 2014. As a result, the subject has experienced impressive year-over-year growth in effective gross income. Creekstone's location is just minutes away from Athens' main economic driver, the University of Georgia, and is proximate to major developments shaping the area including the planned Athens Amphitheater, located directly south of the property. Built in 2001, the high-quality subject offers substantial value-add and mark-to-market opportunities.
Three Alliance Center 3550 Lenox Road, Suite 2600 Atlanta, GA 30326 // T. 404.445.1066
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© 2019 Berkadia Proprietary Holding LLC. Berkadia® is a registered trademark of Berkadia Proprietary Holding LLC. Commercial mortgage loan banking and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. Investment sales / real estate brokerage business is conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. This advertisement is not intended to solicit commercial mortgage loan brokerage business in Nevada. In California, Berkadia Commercial Mortgage LLC conducts business under CA Finance Lender & Broker Lic. #988-0701, Berkadia Commercial Mortgage Inc. under CA Real Estate Broker Lic. #01874116, and Berkadia Real Estate Advisors Inc. under CA Real Estate Broker Lic. #01931050. For state licensing details for the above entities, visit: http://www.berkadia.com/legal/licensing.aspx
© 2019 :: Berkadia Real Estate Advisors LLC
Berkadia® is a trademark of Berkadia Proprietary Holding LLC.