Kenridge Apartments

Location: Atlanta, GA
Type: Multifamily
Price: $

Kenridge Apartments is a 326-unit garden style Class-B multifamily property located in Decatur, Georgia (Atlanta metro area). The Property features units with an average unit size of 900 SF, a swimming a pool, fitness center, covered parking, laundry facilities and a gated entrance. At closing, the Property was approximately 95% with average occupancy over the last 12 months at 92%. SMC’s loan financed the Borrower’s acquisition of the Property.