Brownstone acquired Harmony Park Apartments (Atlanta, GA) in October of 2016. We identified $150 potential rent increase by implementing upgrades to kitchens and bathrooms as well as savings by installing LED Lighting and Water Saving Devices. Today, the 116-unit community has an average occupancy of 97.5%, and averages less than 4% delinquency (even during covid-era-moratoriums).
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