Investment Highlights
Crossings at Holcomb Bridge represents TruAmerica’s sixth investment in the Atlanta MSA and first in Roswell, one of Fulton County’s top suburban markets. The property benefits from its ease of access to the GA-400 corridor, connecting residents to 300,000+ jobs including numerous Fortune 1000 headquarters. Employment opportunities span core industries such as technology, healthcare, finance, telecommunications, logistics, and business service. Top employers in the region include Northside Hospital (8,000 employees), UPS (3,100 employees), State Farm Insurance (3,000 employees), McKesson Technology Solutions (2,450 employees), AT&T Inc (2,200 employees), Cox Communications Inc. (2,170 employees), and ADP (2,100 employees). The concentration and diversity of employment opportunities projects uniquely high and stable rent growth in the submarket throughout the hold.
TruAmerica plans to fully renovate the remaining classic homes and those with outdated finish levels renovated by a previous owner while making select, accretive upgrades to the exteriors and amenity spaces.
Property Highlights
The 268-unit property was built in 1984. All homes include spacious walk-in closets and washer/dryer connections. The property has been well maintained, allowing the majority of capital to be invested into accretive improvements to the apartment interiors. Upgrades to the apartment interiors in the remaining classic homes and homes renovated by previous ownership will include stainless steel appliances, vinyl flooring, stone or laminate countertops with undermount sink, new cabinet fronts and pulls, tile backsplash, upgraded plumbing and lighting fixtures as well as installation of washers and dryers.
Potential amenity enhancements and upgrades include selectively upgrading the fitness center and adding new furnishings at the pool. Furthermore, painting the exterior, pressure washing the breezeways, and improving the landscaping will enhance the overall image of the Property.
Community Amenities
• Pet Park
• BBQ & Grilling Station
• Business Center
• Package Lockers
• Fitness Center
• Clubhouse
• Swimming Pool
• Sundeck
