The Palmer
Investment Overview
Project Overview
The Palmer was acquired on November 30, 2017, as a part of a two-property portfolio. Located within the Atlanta–MSA, the asset is 30 miles north of downtown Atlanta and has nearby access to Interstate 575 and Highway 92. The property provided a tremendous value-add opportunity through interior renovations and enhancements to the asset’s amenity package and overall curb appeal. The property benefits from a great location and has been a high performing asset ever since acquired.
Property Highlights
The property is comprised 21 buildings totaling 502 units. Common area amenities include private outdoor spaces, beautiful natural surroundings, outdoor grilling stations, a tennis court, dog park and children’s playground. There are also 79 individual garages and 60 storage units available for tenants.
Located in Woodstock, GA, within Cherokee County, Georgia’s sixth fastest growing county between 2010 and 2019, its population has been rapidly growing and is continuing to show steady growth. While most residents commute to workplaces outside of Woodstock, the city is home to large employers such as Kirk-Rudy, Inc., Roytec Industries, LLC, ERB Industries, Inc., and Pillow Perfect, Inc. The apartment community is less than eight miles from Kennesaw State University and 10 miles from Cobb Country International Airport. The asset is also located near a Kroger, Sprouts Farmers Market, a premium outlet mall, and a Target, in addition to a plethora of parks, restaurants and commercial staples.
Amenities:
- Two swimming pools
- Package Room
- Fitness Center
- Sauna
- Tennis Court
- Clubhouse
- Dog Park
- BBQ Grill
- Playground