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Advenir Oakley Capital, LLC has closed on 28 acres in the rolling foothills of the Appalachian Mountains for LEO at Cartersville

Advenir Oakley Capital Closes on Land for Build-to-Rent Development

Advenir Oakley Capital, LLC has closed on 28 acres in the rolling foothills of the Appalachian Mountains for LEO at Cartersville. The new $65 million build-to-rent 246-unit development is less than 40 miles from downtown Atlanta. 

Designed by Birmingham-based Nequette Architecture & Design, LEO at Cartersville will feature a mix of one-, two-, and three-bedroom cottages. 

Interiors will feature 10-15-foot ceilings, wood-grain tile flooring, washers and dryers, stainless steel appliances, abundant closet space and smart home technology. Units also include private back yards, 24/7 on-call maintenance and optional garage parking.  

Birmingham-based Capstone Building Corp. is the general contractor for the project. Ground breaking is scheduled for June, with completion expected by August 2025.

Carl Lutjens of Southland Engineering, Inc. contributed greatly to the due diligence process for all parties. Alex Phillips, director of Multifamily Advisory Group at Cushman Wakefield brokered the transaction on behalf of the buyer and seller.


Inside The Story

About Angela Noote

Angela Noote is a native of Northern California and graduated from Chico State with a degree in public relations. After college she moved to the Central Coast and worked first in ad sales then in editorial, eventually spending more than a decade as a print reporter and editor. She detoured into design work at a printer/publisher, and with a partner eventually opened a boutique full-service marketing agency. Moving into corporate communications, she built and managed several successful marketing teams in the hospitality, financial services, and nonprofit industries. Most recently she was an internal comms manager in the tech sector. After a long stint spent in Georgia (Go Dawgs), she moved to Baton Rouge, LA and has written for clients in the financial, luxury imports, higher ed, commercial cleaning, and medical equipment industries. Her son is a media arts major at the University of South Carolina, and her husband owns a comedy theater in Baton Rouge, where you can often find Angi teaching improv classes, leading corporate training events, or doing an occasional stand up set.

  • ◦Sale/Acquisition
  • ◦Development
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