Mandalay Villas - Atlanta, GA

Address: 1395 Towne Center Village Dr, McDonough, GA 30253

Constructed in 2008, Mandalay Villas is home to 300 contemporary units boasting nine-floor plans ranging in size from 675 - 1,325 square feet. All residences feature private entrances, double-crown molding, open breakfast bars, full-size washer and dryers, 9-foot ceilings, and walk-in closets. Community amenities include resort-style swimming pools and lounge areas, playgrounds, fitness center, business center and a gaming room. Ideally positioned 16 miles south of Atlanta and only 10 miles south of Hartsfield-Jackson Airport, Mandalay Villas offers residents access to top-rated public schools and reasonable cost of living.

Disposition Details:

Acquisition Date:  October 2016

Invested Equity:  $5,475,000

Disposition Date:  June 2019

Hold Period:  2+ Years

LP Annualized CoC Return:  19%

LP Return Multiple:  1.53x