Eastside Crossing

1460 Memorial Drive, Atlanta, GA 30317

Property Information

  • For Sale Contact for pricing
  • Property Type Other
  • Property Size 76,000 SF
  • Units 112
  • Year Built 1960
  • Date Updated May 15, 2026

Description

Property Fundamental & Reset of Economic Life: Eastside Crossing features attractive architectural elements including brick exteriors, pitched roofs, surface parking, fully electric units, and washer/dryer connections. A nearly $4 million capital program completed in 2018 modernized major systems and exteriors, effectively resetting the asset’s economic life and repositioning the property to high occupancy, low delinquency, and strong in-place returns.

Market-Supported Upside Through Value-Add Program: Nearby comparable properties are achieving $100 to $125 premiums over current in-place rents, presenting a clear mark-to-market opportunity. Additional upside exists through a targeted value-add strategy, including incremental interior upgrades, implementing washer and dryer fees, and activating existing open space to enhance the amenity offering.

Garden Style Community in Atlanta's Dynamic East Side: The asset presents a unique investment opportunity in Kirkwood, a vibrant mixed-use hub that attracts young professionals and high income earners with its blend of historic character, modern amenities, and connectivity within the Atlanta MSA.

Submarket Fundamentals with Affluent Demographics: East Atlanta has experienced limited new supply in recent years, with only 36 units expected to deliver in 2026. Coupled with 5% population growth over the past five years and a demographic shift that has pushed average household income to nearly $130K, the submarket demonstrates strong fundamentals and compelling investment potential.

Compelling Position as a Value Provider: Eastside Crossing is uniquely positioned as a value-add provider in the area, offering a $800+ monthly discount to nearby luxury rental options and a 75% discount to homeownership in the immediate area.

Efficiencies of Scale at an Attractive Basis: Eastside Crossing delivers the rare combination of boutique scale and operational efficiency at an attractive entry basis, supported by sale comparables in the immediate area. These fundamentals position it as a compelling investment opportunity suitable for a broad range of investor profiles.

Contacts

Taylor Brown

GREA

Chandler Brown

GREA

John Topping Jr

GREA

Location

Contact Eastside Crossing
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