Capstone Apartment Partners is
pleased to present The Timbers: a 150-unit garden-style apartment community
located in Lilburn, Georgia. Built in 1983, The Timbers presents investors with
an ideal value-add opportunity with upside proven by local competitors. The
property is conveniently located in the heart of Gwinnett County, offering
residents convenient access to multiple economic demand drivers, healthcare,
and employment opportunities throughout the Outer Gwinnett County submarket and
the Atlanta MSA. Additionally, Outer Gwinnett County has seen impressive
year-over-year rent growth of 19.3% as well as positive multi-family
fundamentals, positioning the property for tremendous growth years to come.
With the opportunity for significant premiums through the implementation of the
value-add program, positive multi-family fundamentals, and an excellent
location in Gwinnett County, The Timbers is one of the premier value-add
investment opportunities in Lilburn and the Atlanta MSA.