Juncture Phase I2019-01-25T15:51:46+00:00

Project Description

Juncture Phase I | Atlanta, GA

Construction Type: 3-story garden w/ retail
Units: 306 | Avg. Unit Size: 1,040 | Unit Mix: 1 BR (49%) 2 BR (51%)
Rentable Sq Ft: 318,319
Acreage: 13.67 | Density: 22.38 units/acre
Construction Start: June 2015
Status: Lease-up
Total Project Cost: $55,000,000 |  Per Unit: $179,739
Sale Price: $77,042,000 |  Per Unit: $251,772
Lender: Wells Fargo | Equity: Nationwide
Profit Margin: 40% |  JV IRR: 43%
Affiliation: JLB Partners