Pencil Factory Flats
Atlanta, Georgia, United States
Type
Multifamily
Strategy
Income Producing
Units
188
Sq Feet
30,000
Pencil Factory Flats is a 188-unit, mid-rise multifamily community located in the center of Atlanta, Georgia. It also includes over 30,000 SF of retail space occupied primarily by e-commerce resistant tenants. It is conveniently located less than a five-minute walk from King Memorial rail station, which provides residents with accessibility to Atlanta’s top employers and entertainment venues. The post-acquisition strategy is to implement a value-add program and upgrade units, enhance common area amenities, and increase market rents.
