Overview
The Vue at Harwell
Images
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INVESTMENT FEATURES
12
.
13
.
24
Acquisition Date
$
26
.
7
M
Transaction Size
17
.
79
%
Realized Gross IRR
1
.
53
x
Realized Gross Equity Multiple

The Vue at Harwell

Atlanta, GA

Fund:

Fund I

Type:

Multifamily

Size:

128,600 SF
122 Units

Key TenantS:

Address:

62 NW Harwell Road
Atlanta, GA 30311

Transaction Details

Property Description

The Vue at Harwell is a 130 unit, 128,600 SF multifamily asset which was purchased highly distressed in terms of its physical structure and maintenance as well as the owner's financial situation. The asset had been neglected for years and was considered by many to have been owned by a "slum lord". Auerbach and its local partner cleaned up the criminal element in the asset, and went ahead with a large rehabilitation plan which included removing 8 unsafe units, replacing them with common areas.

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