Grand Preserve

355 The Preserve Drive, Athens, GA 30606

Property Information

  • For Sale Contact for pricing
  • Property Type Other
  • Units 232
  • Date Updated Jul 3, 2026

Description

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

Contacts

Location

Contact Grand Preserve
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