Inventory Intel
The properties represent the 12th and 13th communities Bell Partners manages in the Atlanta area and its second and third acquisitions in Atlanta this year.
Floorplans of the rental units, which go for $1,600 for a one-bedroom residence to $2,100 for a two-bedroom apartment, feature high-end designer finishes and features.
According to Engel & Völkers Atlanta, the residence at 40 West 12th sold for $2.8 million or more than $1,000 per square foot — $200,000 over the asking price.
Priced from the mid-$400,000s, the properties include three floor plans from Artisan’s Estate Series of single-family homes.
SR Homes recently opened the Rosewood model home at Stonewood, its new Watkinsville single-family home community. Homes are priced from the $500,000s and are available with ranch and traditional two-story design options. Home sizes range from 2,832 to 4,067
The Stone Crest Estate new-construction neighborhood is located in Fairburn and offers one- and two-story homes.
Poplar Place in Dallas is a gated community and will offer 135 home sites priced from the $310,000s to the $400,000s.
RESICAP and Rockpoint Group plan to build on their existing single-family rental and build-to-rent partnerships that have thousands of rental homes in operation or under development throughout the Southeast.
The development, Continuum Alpharetta, would add 82 for-sale condominiums, 488 apartments, a 218-room boutique hotel, 77,600 square feet of commercial and retail space and 1,028,500 square feet of office space.
If developed, the tower would be the second-tallest in Atlanta by floor count, standing below the Westin Peachtree Plaza Hotel, at 73 stories, and above SunTrust Plaza, at 60 stories.
Over the last year, Atlanta’s for-sale housing inventory has fallen to 9,450 homes from 13,196.
The topping out of the office component of the three-tower development brings the project one step closer to its planned third-quarter 2022 delivery.
The Southern Post project, budgeted at $110 million, will bring 128 luxury apartments, nine townhomes, 95,000 square feet of creative-loft office space and 40,000 square feet of retail to downtown Roswell.
1000 Spring will include 370 residences and 11,000 square feet of retail. Other components of the larger plan include a 525,000-square-foot class-A office building and the historic H.M. Patterson & Son Spring Hill Chapel, which will become a new food-and-beverage-focused venue.
The first model home is a three-bedroom, 2,352-square-foot residence with a den designed by Michael Morris of M. Crisler Designs.
Two units in the building will not be sold but instead made available to guests of residents for short-term rental.