ATLANTA, GA - Frankforter Group has acquired the Garden Walk Apartments, a class B apartment community in Atlanta. The property consists of 240 rental apartments located in Williamsburg Park, a few miles south of the Hartsfield–Jackson Atlanta International Airport, a submarket that has exhibited strong fundamental trends since 2014.
The 29-acre property provides excellent connectivity to many of Atlanta s major employment centers, economic drivers, and retail hubs.
Frankforter Group will invest over $2M to enhance the property, including the common area amenities, such as an automated delivery locker system, clubhouse upgrades, pool area renovations, and sports courts revamping.
This acquisition further fuels the group s expansion in the greater Atlanta market with some more acquisitions in the pipeline for Q1.