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10 Glenwood Way Stockbridge, GA 30281

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For Sale
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264-unit apartment community in Stockbridge, Georgia, renovated in recent years.

Building Details

Year built
2003

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Listing Contact
Brooks Colquitt
Source: Nmrk

Listing Agent: Brooks Colquitt

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

264-Unit Apartment Community in Stockbridge

The Glen at Lanier Crossing is a 264-unit apartment community located in Stockbridge, Georgia. Constructed in 2003 and renovated in recent years, the property is situated in the Henry County side of Stockbridge, an area experiencing economic and population growth. The community is strategically positioned along the I-75 South Corridor, providing residents with access to logistics and e-commerce jobs, downtown Atlanta, and the Hartsfield-Jackson Atlanta International Airport. The location also offers proximity to retail options, schools, and a low cost of living. Current ownership has invested $4.2M in capital expenditures, including a new leasing office, resident clubhouse, fitness center, and upgrades to 238 units. Recent lease trade outs have been signed at $300+ premiums on new move ins. There is an opportunity to upgrade the remaining 26 classic units, partially upgrade the 238 renovated units, add washer/dryers to 25 units, and further enhance the amenity space.
Location Intelligence

Current Use by Public Records

The Glen at Lanier Crossing Apartment Complex

Suggested Use

Law Firm Spa & Massage Gym & Fitness Pharmacy Daycare Center Building Supply Department Store Hotel & Motel Kitchen & Bath Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Stockbridge
County
Henry
State
Georgia
Longitude
-84.1952
Latitude
33.5641

FAQs

What type of property is this?
Apartment building - 264-unit apartment community in Stockbridge, Georgia, renovated in recent years.
Where is this apartment building located?
The property is located at 10 Glenwood Way Stockbridge, GA.
What are key features of this property?
This property features: - Value-add opportunity to increase rents by upgrading remaining 26 classic units and further enhancing amenity spaces.; - Recent $4.2M CapEx investment in **new leasing office, resident clubhouse, fitness center, and upgrades to 238 units.**; - Located in Stockbridge, Georgia, within the high-growth Henry County area.
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