Phoenix Place

2420 Heaton Dr, East Point, GA 30344

Investment Summary

Phoenix Place is a 144-unit multifamily residential property located in East Point, GA, within the Atlanta metropolitan area. The property consists entirely of townhome units averaging 1,061 square feet each. Built in 1971, it includes 22 buildings and a leasing office, with amenities such as a swimming pool, playground, laundry center, and on-site management. Recent upgrades include brand-new roofs and plans for further enhancements like new branding, signage, parking lot overlay, privacy fencing, and modern interior updates.

Phoenix Place is strategically located near major employers and amenities. It is within a few miles of several schools and significant employment hubs, including Chick-fil-A corporate headquarters and large distribution centers for companies like Costco, Coca-Cola, and Family Dollar. Additionally, the property benefits from its proximity to South Fulton Parkway and the upcoming $1.5 billion mixed-use project, Six West, which will feature office space, commercial areas, and residential units. This prime location, coupled with planned property improvements, positions Phoenix Place as a desirable residential community in a growing area.

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