|Number of units||286|
JLL is pleased to present Cumberland Crossing, a 286 unit apartment community, located in Atlanta’s most dynamic submarkets, Cobb County. The property is adjacent to Home Depot’s Worldwide IT Center and greatly benefits from all of the commercial activity driven by the Cumberland and Marietta Gateway CIDs.
While the property has the locational advantages of the South Cobb/Marietta submarket, it is actually located in unincorporated Cobb County. Therefore, the residents get the additional benefit of being able to send their children to East Cobb Schools; Powers Ferry ES (Niche B-), East Cobb MS (Niche B+) and Wheeler HS (Niche A+). Cumberland Crossing also has a compelling unit mix of very large floor plans with 130 (45%) of the units being 3 and 4 bedrooms.
The current owner has proven out a Value-Add program that elevates the interiors of the units and creates ample rental lift that could be carried out in the remaining unrenovated and partially renovated units.
Strong, In-Place Operations
Surging South Cobb Submarket
Excellent Cobb County School System
Unique Three and Four Bedroom Unit Mix
90% of Units Poised for Renovation