ATLANTA, GA--Engler Financial Group, LLC is pleased to announce that it has been selected as the exclusive sales agent for two Class "A" properties, AMLI at Kedron Village (above photo) and AMLI at Peachtree City (photo at right). Both properties are located outside Atlanta, Georgia in Peachtree City, one of the nation’s most successful master planned communities. AMLI at Kedron Village and AMLI at Peachtree City can be purchased as a portfolio or individually. Both properties are located in the heart of Peachtree City, Georgia, a 15,000+ acre master planned community.
Founded in 1959, Peachtree City has differentiated itself by providing gathering places, protecting natural areas, and creating a blend of live, work, and recreational opportunities to attract affluent residents. Peachtree City boasts Georgia's top-ranked public schools and the highest relocation rate of any city in Georgia.
The city offers more than 125 neighborhoods in five distinct “villages” and is very restrictive on new development. New construction is tightly controlled in Peachtree City and a moratorium was placed on all new high-density residential development in 1999. The last apartment community built in Peachtree city was in 2002, and no new developments are currently planned or under construction.
Both AMLI properties are located in the Lake Kedron Village of Peachtree City, which features several high-end neighborhoods with home prices well over $1 million.The city's livable environment is enhanced by over ninety miles of golf cart and walking trails connecting neighborhoods to attractions such as The Fredrick Brown, Jr. Amphitheatre, the Peachtree City Tennis Center, and three 18-hole golf courses.
Both properties have enjoyed excellent rent growth and have consistently been top performers within AMLI Residential’s national portfolio.
Property highlights include:
AMLI at Kedron Village is an upscale 216 unit Class “A” apartment community developed by AMLI Residential in 2001, and is located at the corner of Kedron Drive and Highway 74 - Peachtree City's main thoroughfare.
AMLI at Kedron Village benefits from an extremely low site density of 10 units per-acre, which offers residents abundant green space and scenic views.
The community also includes 36 spacious and desirable townhouse units with direct-access two-car garages. The potential exists to possibly spin off the townhouse units at AMLI at Kedron Village for sale prices ranging from $275,000 to $350,000 or more.
AMLI at Peachtree Village is an upscale 312 unit Class “A” apartment community developed by AMLI Residential in 1998, and is located at the corner of North Peachtree Parkway and Georgian Park Road.
The property benefits from its outstanding location with high barriers to entry and its large proportion of units (20%) with desirable attached garages. In addition, the above average cost of single-family homes and the lack of new inventory in the market has created “value add” potential at AMLI at Peachtree City. Units with upgraded kitchens and flooring at AMLI at Peachtree City's sister property (AMLI at Kedron Village) command rent premiums of up to $100 per-month.
Please follow the link below to view the asset teaser for AMLI at Kedron Village and AMLI at Peachtree City. If you have an interest in pursuing these outstanding investment opportunities, please execute an electronic Confidentiality Agreement on Peracon.
To schedule tours, please contact Greg Engler, Pat Jones or Kris Mikkelsen. We look forward to working with you on this exciting and very unique investment opportunity.
CONTACTS:
Greg Engler
CEO/President
678/992-2000, Ext. 1
Pat Jones
Senior Vice President
678/992-2000, ext. 2
Kris Mikkelsen
Senior Associate
(678) 992-2000, ext 4
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