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Attributes
Year Built | 2000 |
Building Area Gross |
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Asset Description
Jones Lang LaSalle is pleased to present Discovery Gateway, a 388-unit, garden style apartment community located in one of Atlanta’s premier multifamily submarkets. The property is located in the City of Marietta in the Franklin Gateway Corridor and within minutes of Truist Park and The Battery. The $1.1B development of Truist Park and The Battery ushered in an enormous wave of commercial development that continues to gain momentum. Built in 1984, Discovery Gateway boasts interior features such as breakfast islands, walk-in closets and washer/dryer connections in all units.. Forty percent of the units are poised for renovation making Discovery Gateway the ideal, value-add multifamily investment.
Investment Highlights
- Superior Physical Attributes
- Within minutes of Truist Park and The Battery
- Large floor plans offer permanent competitive
- advantage (1,131 SF)
- Dual amenity sets
- 30 newly constructed “Emerald” units (2021)
- Value -Add Opportunity - 40% of units are poised for renovation