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Capstone is pleased to present Vida at Cottages, a 70-unit, 1971 vintage apartment community located in Jonesboro, GA. Vida offers an attractive unit mix (78% 2- & 3-Bedroom units), as well as an unrivaled location with immediate access to I-285, I-75, and the Atlanta Airport. The property is located in the North Clayton industrial market, one of the most dynamic industrial markets in the entire country, providing tens of thousands of jobs for the local economy. With an attractive unit mix, assumable fixed-rate mortgage, and unparalleled access to the demand drivers in the Clayton County submarket, Vida at Cottages is the premier investment opportunity throughout the Atlanta metro.
Investment Highlights:
Attractive In-Place Financing (3.82% Blended Rate)
Access to Employment Drivers
Positive Multifamily Demographics