South Atlanta Cardinal Portfolio
Lithonia, GA
Building
- Offering Price To Be Determined by Market
- Number of Properties 4
- Avg. SF 617
- Year Built 1985-1986
- Total Number of Units 257
- Occupancy
- Autumn Cove, Oakley Shoals, Pine Knoll, and Garden Gate are lender owned Cardinal communities constructed in 1985 and 1986. The properties can be purchased together or individually.
- The portfolio comprises 257 thoughtfully designed studio, one- and two-bedroom residences, each offering total electric utilities, washer and dryer connections, and semi-private fenced patios for enhanced resident comfort and privacy.
- Cardinal-style properties offer operational simplicity and efficiency, featuring low operating and utility costs, efficient unit layouts, and limited amenities, resulting in a streamlined management model.
- Lender has infused $160,000+ to cure life safety and code violations at Oakley Shoals.
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