Pharr Court Condos (Buckhead)
Atlanta, GA
Pharr Court Condos represents an exceptional opportunity to invest in a highly curated, fully stabilized multifamily asset located in the core of Buckhead, Atlanta’s most affluent and supply constrained sub-market
The 52 -unit community* is comprised exclusively of two-bedroom, two-bath residences averaging 1,000 square feet, appealing directly to the area’s a昀luent, rent-by-choice demographic. Since 2021, over $800,000 has been strategically deployed across capital upgrades including full roof replacements, HVAC modernization, and comprehensive interior and exterior improvements.
The property generates reliable cash flow supported by strong occupancy fundamentals. However, in-place rents remain meaningfully below market, with a $382 per unit loss-to-lease offering a clear and achievable pathway to increased revenue. This embedded rental upside can be captured organically through lease
turnover and light operational optimization, without the execution risk typically associated with value-add investments.
Pharr Court Condos delivers stabilized cash flow, operational efficiency, significant mark-to-market rent potential, and irreplaceable location fundamentals. It is a rare, institutional-quality offering with the potential to outperform across both income and appreciation-driven return strategies.
Unit: 52
Purchase Price: $10,660,000
Sale Price: $20,000,000 *Projected