Mainstreet at Conyers
Investment Overview
Project Overview
Mainstreet at Conyers was acquired on July 30, 2021. The property is located in Conyers, GA, in a high growth suburb experiencing rapid in-migration, strong job growth, and a desirable quality of life. The asset is well situated for a value-add strategy consisting of upgrades to the 153 classic units, enhancements to the 25 partially upgraded units and the addition of washer and dryers. Additionally, there are opportunities to enhance common areas and curb appeal, modernize amenities, and take a more proactive management approach. Enhancements to the common areas and amenities will include upgraded and refreshed décor in the clubhouse and upgrades to the pool, pool area, grilling stations, dog parks and playground.
Property Highlights
Built in 2000, this 192-unit garden style apartment community boasts attractive floor plans averaging 1,125 square feet. Mainstreet has amenities such as a dog park, fitness center, swimming pool with sundeck, playground, community gazebo, and car washing station, The property is also conveniently located within the Atlanta MSA, just 25 miles of downtown. Located in close proximity to the property, is Stonecrest Mall, Cherokee Run Golf Club and an abundance of restaurants, retail, and commercial staples.
Conyers is a charming suburb east of Atlanta which offers a plethora of parks, shopping centers and restaurants while also providing residents the unique mix of a quaint town feel with the convenience of closeness to big city attractions. Major employers in the area include 20th Century Fox Television, Warner Brothers / Bonanza Productions, Diversitech Corporation, Pratt Industries, Hillphoenix, Acuity Lighting Group, Golden State Foods, AT&T, Rockdale Medical Center, Piedmont Rockdale Hospital, and Tempur-Sealy Mattress Company. Conyers benefits from the greater Atlanta MSA’s economic stability and is expected to continue its steady growth as the region continues to attract in-migration and business relocations.
Amenities:
- Fire Pit
- Storage unit and Garages
- Dog Park
- Playground
- Fitness Center
- Swimming Pool
- Community Gazebo
- Car Washing Station
- Sundeck with Outdoor Kitchen