Heritage Gardens Apartments

This 80-unit multifamily apartment complex is located about 45 minutes from Atlanta, GA.  Built in 2006, Heritage Gardens boasts a wide array of amenities, such as an onsite swimming pool, basketball court, fitness center, newly remodeled club house, playground, sitting areas, conference rooms and more! In addition, the 1,000 square foot (on average) residences are some of the largest in the area.

Purchased in February of 2024 at a favorable cost basis of $70k/door, this complex had average rents around $800 per unit at purchase with the ability to increase to around $1,200 per unit through strategic interior CAPEX.