Anzio Apartments

Multifamily | Atlanta, GA

Anzio Apartments is an upscale 35-acre property located in the historic town of Lawrenceville, a northeastern suburb of Atlanta. 

Investment Details

Property Type
Multifamily
Location(s)
Atlanta, GA
Number of Units
448

Transaction Details

Acquired
2019
Purchase Price
$59 million
Ownership %
90%

Investment Details

Property Type
Multifamily
Location(s)
Atlanta, GA
Number of Units
448

Transaction Details

Acquired
2019
Purchase Price
$59 million
Ownership %
90%

Anzio Apartments is an upscale 35-acre property located in the historic town of Lawrenceville, a northeastern suburb of Atlanta. 

Asset Highlights

Amenities
Resort-level tenant amenities include two swimming pools, dog park, outdoor gazebo, fitness center and beach volleyball courts.
Property Income
Offers strong in-place and stable cash flows with 92% average occupancy over the last nine years and 94% at acquisition.
Bedrooms
The property features a total of 448 units, with a mix of one- and two-bedroom apartments spread across 32 buildings.

Location Highlights

Historic
Access to historic structures and landmarks, such as Gwinnett Historic Courthouse
fruit stand
Near a variety of grocery stores, cafes, restaurants and entertainment venues
hiker
Proximity to Lake Lanier and related activities such as golf, boating and hiking
Proximity
30-minute drive to Atlanta
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Anzio Apartments