Opportunity Highlights

• ATTRACTIVE ASSUMABLE DEBT

  In-place assumable agency debt provides buyers with low-cost financing at a 3.74% fixed rate through 2031.

• VALUE-ADD OPPORTUNITY

  Compelling upside remains in renovating 196 lightly renovated units (62% of total) to the premium level, supporting over $183K in annual rent premiums.

• STRATEGIC CAMP CREEK LOCATION

  Located just off Camp Creek Parkway with immediate access to I‑285, I‑85, Hartsfield-Jackson Atlanta International Airport, and adjacent to 1.2M SF of retail at Camp Creek Marketplace, Elevation 3505 offers residents exceptional convenience within one of South Atlanta’s most connected micro-locations.

• HIGHLY MARKETABLE UNIT MIX

  The asset features 100% one- and two-bedroom townhome floorplans averaging 958 square feet, offering a more residential feel and stronger physical appeal than traditional garden-style competition.

• STABLE OWNERSHIP

  Built in 2005 and maintained by current ownership for more than six years, the property may offer investors a more durable, lower near-term capex profile relative to older vintage product, while still presenting institutional-quality fundamentals.

• HIGH BARRIER-TO-ENTRY MARKET

  Elevation 3505 benefits tremendously from limited new supply within the surrounding area. According to a third-party construction pipeline report, there are no market-rate properties currently under construction within a 3-mile radius of the subject.

• DISCOUNT TO HOMEOWNERSHIP

  Monthly mortgage payment, taxes, and insurance of $3,415 for the average-value home in the area outpace Elevation 3505’s market rent of $1,625.

• ATTRACTIVE WALLET SHARE

  Current average in-place rents of $1,500 account for only 19% of monthly average household income, well below the 30% benchmark.

Amenities