Grand Preserve

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Address: 355 The Preserve Dr, Athens, GA 30606, USA
Atlanta & Southeast + Apartment Buildings
Created date: January 22, 2026
Date last updated: August 3, 2026

Property Description

Newly constructed, institutional-quality multifamily community with a best-in-class amenity packageLuxury asset offered at a meaningful discount to current replacement cost, providing downside protectionAthens MSA benefits from secondary-market outperformance, leading Atlanta across key population, income, and rent growth metricsElevated for-sale housing prices materially favor renting, driving sustained multifamily demand and longer renter durationEmbedded near-term NOI growth driven by concession burn-off as the property approaches stabilized occupancyAdditional revenue upside through continued occupancy gains and optimization of ancillary income streamsRent comparables support continued rent growth as market conditions normalizeLimited forward construction pipeline and constrained new supply create highly favorable supply-demand dynamics

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
No. of Units: 232
Lot Size: 274.00 Sq ft
Opportunity Zone: No
Property Website Click Here
Address: 355 The Preserve Drive, Athens, GA 30606, USA
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