Collins Vinyard Apartments

Griffin, GA

Collins Vinyard Apartments

Acquired

March 2019

Developable Unit

73 units

Buildable Land

Estimated Value

$15 million

Acquired 26 built townhome rentals, with additional developed lots for a total of 73 units

Acquired with average rental rates around $600 per unit, implemented value-add capital improvement strategy, and new management, to reach leasing levels close to $900

Douglasville, GA

Brookwood Crossing

Acquired in Dec July 2018

$6 million acres of buildable land

36 developed lots developable unit density

10 Detached single family homes built and sold

We are currently building the second phase of the project

McCalla, AL

Cheshire Park

Acquired in 2016

93 homes built and sold developable unit density

Estimated completed value of $22 million

Detached single family homes for sale. A combination of 30 developed lots, and buildable land for additional 91 units.

Currently in completion of the last phase of construction

Porterdale, GA

Cedar Shoals

Acquired in Jan 2020

243 acres of buildable land

1,225 developable unit density

Estimated completed value of $350 million

341 single family homes, 164 townhomes & 720 multifamily; with 25 acres of commercially zoned land

Amended zoning to achieve increased density, breaking ground in March 2021 in our first phase single family home construction, and pre-development of our first phase of multifamily