Inventory Intel
The properties are Park Estates, a 138-unit community of two-bedroom, 1,050-square-foot apartments and Austin Estates, a 118-unit complex.
The development is the first to take advantage of Johns Creek’s new TC-X mixed-use ordinance, which was enacted to facilitate the development of the city’s 192-acre Town Center Vision and Plan.
Financial terms were not disclosed, but the property last sold for $42 million in June 2019, according to Dekalb County records.
Highlands of Decatur will bring 46 new homes to Flat Shoals Road between Gresham Park and Panthersville.
The properties encompass a total of 592 apartments.
Royal Estates will have 173 single-family homes priced from the low $400,000s.
The 300-unit community in Lawrenceville is slated to open in early 2024.
The 205-unit community was rebranded Gibson by Radius.
The development is situated in Loganville in an area “known for its equestrian lifestyle, with many beautiful horse farms that create a quiet pastoral setting,” the developer said.
The development, which is located on the corner of Peachtree Road and Terrace Drive, will offer 144 residences and a host of amenities.
The development, located at 4151 Memorial Drive, will comprise five seven-story buildings.
The communities encompass 243 homesites and are located in Dallas, Winder and Homer.
Located at 500 Pleasant Hill Road NW, the development experienced organic rental-rate growth of more than 18% over the last year.
The community, Avenue 33 Apartments, was built in 1999 and is located at 3386 Mount Zion Road.
About 30 of the homes have already been sold, according to the developer, Ashton Woods.
The real estate company is also reportedly involved in the $2 billion High Street mixed-use project in Dunwoody.