Building

  • Offering Price To Be Determined by Market
  • Site Size | Density 6.29 | 15.90
  • Avg. SF 1,032
  • Year Built 1984
  • Number of Units 100
  • Occupancy 98%

Desirable Construction Fundamentals with Large Floorplans and Impressive In-Unit Amenities: Built in 1984, Brighton Way features a mix of one- and two-bedroom residences with spacious floor plans averaging 1,032 square feet. Desirable construction elements include pitched roofs, durable vinyl siding exteriors, concrete slab foundations, and covered exterior breezeways. All units offer desirable in-unit features, including open-concept kitchens, sunrooms, fireplaces, and washer/dryer connections.  

Affluent, High-Growth Demographics in Top-Ranked Smyrna Submarket: Brighton Way is located within a rapidly growing, affluent, and highly educated pocket of southeast Cobb County. Within a three-mile radius, average household income exceed $98,000 (with a median household income of $75,000), and average home values surpass $365,000.

Consistent Performer with Strong Historical Occupancy and Low Delinquency: Brighton Way has averaged 95% occupancy over the past five years and is currently 98% occupied, demonstrating consistent, stable performance. The asset offers investors reliable in-place cash flow with attractive leverage potential.

Market Supported Upside Through Interior Value-Add Program: Current ownership completed lite interior renovations in 2018, providing an opportunity for new ownership to further upgrade units to an “elite” finish level. Comparable properties of similar vintage in the submarket are achieving rents on average $320-$330 above the property’s one- and two-bedroom units, respectively. 

Proximity to Platinum Triangle Employment Hub & The Battery Atlanta: Brighton Way benefits from proximity to Atlanta’s Platinum Triangle, the region’s largest concentration of Class A office space, and major employment centers including Wildwood Office Park, home to several Fortune 500 companies. The property is also located just six miles from Truist Park and The Battery Atlanta, a $1.1 billion mixed-use destination that serves as a year-round economic and entertainment hub for the region.

Location Map

Team

Chandler Brown

Chandler Brown

Cory Caroline Sams

Cory Caroline Sams

Executive Managing Director
GREA
Taylor  Brown

Taylor Brown

Please use the form below for further information:


We will not send you spam or share your email address.