American Landmark Acquires Two Metro Atlanta Apartment Properties
Multifamily owner-operator American Landmark Apartments has acquired a two-property, 692-unit apartment portfolio in Marietta.
The properties include the Knolls Apartments and the Crossings Apartments. The properties will be renamed The Everette at East Cobb and The Franklin at East Cobb, respectively, and will undergo an $8 million capital improvements program. Built in 1983, the 312-unit Knolls Apartments is located at 1675 Roswell Road. The 380-unit Crossings Apartments is located at 875 Franklin Road and was built in 1986.
American Landmark will implement an extensive capital improvements program at each property that includes undermount sinks, brushed nickel plumbing fixtures, tile backsplash, custom cabinets, luxury lighting fixtures, smart locks, NEST thermostats, custom closet systems, USB outlets and bathroom upgrades. Community enhancements will include a renovated clubhouse, fitness center, pool area and landscape beautification.
David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector.
Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA.
David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.