648 Whisper Trail., Austell, GA 30168
MULTIFAMILY For SaleYear Built: 1973
Floors: 3
Class: B
| Space | Size | Type | Pricing |
|---|---|---|---|
| The Pynes | SALE | Contact for pricing |
Derrick Bloom - Newmark - Atlanta
PHONE: 6784711196
David Gutting - Newmark - Atlanta
PHONE: 4042167030
Christopher Lyon - Newmark
Brooks Colquitt - Newmark
Newmark is pleased to present The Pynes, a 267-unit garden style apartment community located in Austell, GA. Built in 1973, The Pynes arrives with tremendous immediate upside through asset stabilization and value-add. Trailing its peers by over $200 on average, the Pynes features 65 fully renovated units, 89 partially renovated units, and 113 classic units. The next owner can significantly increase income by upgrading the 202 classic/partial units, adding washer/dryer connections in all 1BR units, installing washer/dryer appliances in the remaining 204 units, bringing the 14 down units online, improving the amenity package, and stabilizing occupancy at the submarket average of 93%.