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53 West
ADDRESS: 1000 Wood Acres Rd, Oakwood, GA 30566
ACQUISITION DATE: August 2020
DISPOSITION DATE:
NUMBER OF UNITS: 266
AVERAGE SQUARE FEET OF UNITS: 846 – 1,335
Constructed in 2019, 53 West is a 266-unit, Class A garden-style multifamily property located in the North Atlanta. Positioned less than 30 miles from the I-285 loop, Hall County offers high-growth tourism, employment, educational, and medical industries, plus one of Georgia’s lowest unemployment rates. 53 West is one of the few class A options within Hall County, cementing itself as a unique option for renters within the market. Additionally, the property is located minutes away from Lake Lanier, a 38,000-acre reservoir that has become one of Atlanta’s premier recreational attractions.