Langley Place – 116 units

~$73K average income in a 3-mile radius. Decatur is gentrifying quickly to the east, and this location still inside I-285 is trading at a fraction of similar properties only a few miles to the west closer to Downtown Decatur.

Submarket effective rent has increased 72% since 2015. Vacancy in the submarket has dropped as low as 4.3% in Q4 of 2021.

The property has access to major East Atlanta job drivers along with the I-20 East industrial corridor which holds 17.6MM SF of industrial space and continues to see major institutional commitments such as Rivian and Facebook.

We will upgrade 50-60% of the units, enhance the amenity set, and implement the “Boardwalk Way” — our signature style of operation that elevates resident experience and drives investor returns.

Our unique asset management playbook creates a community-like feeling among residents. The continued result in this metro and others has been higher renewal rates, resident referrals, and reduced turnover/R&M costs… for a direct, positive impact on net operating income.

Given the high amount of interest in our projects, we reward recurring investors who typically invest larger amounts by providing a wider menu of options to help them get higher returns.

This struture also allows first-time investors to “test the relationship” at a lower minimum amount ($50K) if they wish.

And finally, for those seeking max cash flow, our Class A shares payout 10% in exchange for no participation in the final equity split.