Azalea Gardens Apartments consists of 11 buildings and 90 units, built in 1970, and currently at 99% occupancy. There are 40 1-bedroom units, and 50 2-bedroom units with an average of 822 SF. The community features a sizeable pool and lounge area, small playground, laundry facilities and on-site maintenance and property management. Azalea Gardens is located off Gum Branch Road where residents are surrounded by major retail hubs, dining options and parks.
This asset is a solid performer that offers immediate organic rent growth and value-add opportunities.