Buckhead

Considering investing in Atlanta condo? These buildings still have Lease Permits!

OK,  so many of you have come to me asking about investment highrise units, and even midrise condos intown.      This is a recap of what is left to purchase out there for investment purposes.    Basically most all buildings sold out are at their approved HOA mandated 25% rental cap.   You see, if you are coming from Philly, or NY, or Boston, you may not understand the way our condo system works down here.         Basically most buildings in Atlanta work very hard to ensure that the atmosphere does not turn into a bunch or renters running wild ruining the amenities and creating...

Considering investing in Atlanta condo? These buildings still have Lease Permits!

Ovation

This is a great building on Peachtree.     Like The Eclipse it is next to the “Buckhead Atlanta” or formerly the ”Steets Of Buckhead” large retail development.   Similar to Eclipse it came to market at the peak of the market and has since come down in price considerably.      Guest parking is a tad difficult in this building, and the amenities tend to be on the 1st floor which is not as optimal as the other buildings with the amenities on higher floors. Units in this building tend to be around $120-180k for a 1 bedrooms and $240-300k for a 2 bedroom.     There...

Ovation

The Astoria At The Aramore

This is a great building that does a great job incorporating a Grand piano, Marble floors and high ceilings in its expansive lobby. The pool, and garden area are very well suited to a better building like this. This building is about 90% sold now! Wow, time goes by! I remember when this was just coming to market and everyone questioned if this would sell out. The Astoria building is a nice mix of 2 and 3 bedroom homes. Although this is one of the few buildings I have not either sold or listed a home in, I have helped one of my Buyers purchase in The Aramore this year. The Aramore offers well priced...

The Astoria At The Aramore

The Brookwood

This is what I call a “stately building”. The Brookwood is in southern Buckhead on Peachtree. It is near some of the most established and exclusive residential neighborhoods in Atlanta. The building features 20 stories, and only has two- and three-bedroom homes.    No 1 bedroom riff raff here.    The amenities include a saltwater pool and a very nice English-style garden. The building recently signed a very upscale restaurant, The Watershed, as one of its anchor tenants in their mixed-use retail space.  Another is Saltyard an upscale venture by the guys who run La Grotta.  The building...

The Brookwood

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