Opportunity

• FLEXIBLE FINANCING OPTIONS

  A buyer may assume the existing 3.26% fixed-rate loan through 2033, offering approximately 70% LTV and a 5.4% debt constant. Alternatively, Edgewater Vista qualifies for new, agency financing including interest-only options, allowing the buyer to select the most favorable capital structure at closing. 

• WELL-LOCATED 2008-VINTAGE ASSET

  Edgewater Vista is a well-maintained, garden-style multifamily community with 9-foot ceilings, Hardie-plank exteriors and park-like setting. Positioned in Decatur’s South DeKalb submarket, the property offers investors the opportunity to acquire a newer-vintage asset in an infill Atlanta location with potential to enhance unit interiors, resident amenities, and operating performance. 

• HIGHLY MARKETABLE UNIT MIX

  Spacious one-, two-, and three-bedroom residences average 1,135 square feet, providing larger-than-average living spaces that appeal to a broad renter base. More than 80% of units feature two- and three– bedroom floor plans. 

• EXTENSIVE CAPITAL IMPROVEMENT PLAN

  Since January 2021, the current owners have invested nearly $11,000 per unit in improvements designed to enhance curb appeal, marketability, and interior finishes. Renovated units feature modern lighting and plumbing fixtures, resurfaced countertops, a contemporary gray color palette, and wood-look LVT flooring, generating an average monthly rent premium of $116. 

• ORGANIC RENT GROWTH

  Edgewater Vista currently has rents 11.2% below market with an annual potential revenue of $342K. 

• RENTER SAVINGS ADVANTAGE

  Current in-place rents ($1,447) account for only 19.39% of monthly Average Household Income within 3-miles of the subject which is well below the 30% benchmark. 

• STRATEGIC ACCESS TO ATLANTA’S ECONOMIC ENGINES

  Positioned minutes from I-20 and I-285, Edgewater Vista provides convenient connectivity to Hartsfield-Jackson Atlanta International Airport—Georgia’s largest employment center with more than 63,000 jobs—and Delta Air Lines’ global headquarters. The property offers access to Downtown Atlanta, the Emory/CDC healthcare cluster, and the Stonecrest logistics hub, anchored by Amazon and Emory Hillandale Hospital. 

Amenities