• Century Perimeter Park
• Haven at Celebrate Virginia
• Roswell Creek
• The Carlyle

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