century perimeter park success story

    Sandy Springs, GA
    Class A
    298 Units

    • Property was held by owner for slightly less than two years
    • Grew occupancy to nearly 99% upon time of sale
    • Successfully reduced operating expenses by 7% through effective personnel changes, FCM purchasing power, and enhanced management of replacement items
    • Improved bad debt expense by implementing focused collection efforts
    • Managed adjustments to lease expiration calendar so that exposure was balanced throughout the year
    • Grew rental income during the hold period over 5%
    • Owner sold the property at a 21% premium over purchase price