Under Construction

Willow Trail Apartments

Norcross, GA
244
Units
Vintage:
1985
N/A
Type:
Conventional

Investment Overview

Project Overview

Willow Trail Apartments were acquired on December 15, 2021. The property is located in Norcross, GA, 30 minutes northwest of downtown Atlanta. The property is in Gwinnett County, one of the nation’s top 10 counties for growth, and is surrounded by numerous job demand drivers including industrial, distribution, medical, education and retail. The business plan captures numerous value-add opportunities including renovating 166 classic units, adding 125 washer & dryer sets, addition of 18 private unit pet yards, and enhancing the curb appeal and common area amenities. Additionally, the business plan is to improve property operations by reducing operational expenses and an overall hands-on approach to management.

Property Highlights

Conveniently situated within Gwinnett County, Will Trail is tucked away in a charming Southern neighborhood. Comprised of 224 units and built in 1985, the property has connectivity to the 450,000 jobs located within a 10-mile radius. The unit mix consists of one-bedroom and two-bedroom apartments, with units ranging from 652 – 1,200 square feet. Grounds are heavily landscaped, and units are complete with air conditioning, custom cabinets, an energy-efficient appliance package, washer and dryers and walk-in closets in select units. Community amenities include a clubhouse, swimming pool with pool deck, business center, dog park and BBQ/picnic area.

Norcross is a quaint suburb of Atlanta, recognized for being one of the best places to live in Georgia, the city offers easy access to downtown Atlanta, without losing the charm of a small town.  The area has many nearby schools, shopping, and recreation options. Within reach of the property, is a Lowe’s, Kaiser Permanente Medical Center, Berkeley Hills Country Club, Malibu Norcross Amusement Center, Costco, Sam’s Club, Santa Fe Mall, and Westrock headquarters, supplying 39,000 jobs to the area. Prominent employers also include PruittHealth, FLEETCOR, EMI Group Limited, Aquilex Holdings, PSI Fulfillment, Kawneer, OFS Brightwave, and OmniMax International.

Amenities:

  • Clubhouse with Business Center
  • BBQ/Picnic Area
  • Community Soccer Field
  • Resort-Style Swimming Pool
  • Large Pool Deck
  • Clothes Care Center
  • Dog Park
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