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Summit Avondale Apartments

Summit Avondale Apartments is a 156-unit multifamily community located in Avondale Estates, GA, just 3 miles east of downtown Decatur. Summit Avondale's elite renovation has been implemented across 30 units, encompassing 20% of the property. 126 classic units remain, providing the opportunity to generate nearly $500k in additional revenue after renovations.

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Avondale Estates, GA

  • 156 Units

  • Purchase Price: $27.25m

  • Projected IRR: 17.6%

  • Average COC: 6.0%

  • Targeted Equity Multiple: 1.62X

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