Woodlawn Estates is a 32-townhome community originally developed in 2005/2006. The 12 existing townhomes in the community recently appraised at an average of $515,000 each, highlighting the strong market value of this development.
The remaining 20 fully developed lots are now available for immediate vertical construction. Over the past year, the seller successfully worked with the City of Atlanta to finalize approvals, ensuring the site is fully prepared for new development.
The John Burns data also reported Existing Home Values growth of 25.5%, Apartment Rent Growth of 17.0%, and Employment Growth of 6.7%. Atlanta offers a fantastic quality of life. Atlanta is home to professional sports teams in the NBA, MLB, and NFL. Atlanta has a thriving business economy and has been ranked by Forbes as one of the best places for business and careers in the U.S. Also, Livability.com reports massive growth in tech job offerings, and the numerous high-profile startups in the city are “proof-positive” that Atlanta is the perfect city for the tech-minded.