Grandview Terrace: Atlanta's Turnkey Townhome Gem Rising for Investors
Grandview Terrace in Metro Atlanta is making its way to the real estate radar and investors are taking notice. This community of townhomes from David Weekley Homes is a great opportunity to experience the best of both worlds - location, community, fitness and convenience of lifestyle all in one place, while also having a solid real estate investment opportunity. Currently, these beautiful 3 bedroom townhomes are listed in the high $300s.
Located within two miles of I-575 and close to the heart of the emerging lifestyle hub in Canton known as The Mill on Etowah, Grandview Terrace was deliberately chosen to benefit from the perfect combination of work and play in an ideal location. Kayaking on the Etowah River, local vineyards, golf courses, and restaurants are all within a short drive from the property. And with the location being close to a number of major employers such as Northside Hospital Cherokee and Inalfa Roof Systems, there is a stable and consistent source of rental income from employees living at the property to be close to work and to dramatically reduce their commute time.
New Construction! The homeowner who buys here will be able to rent it out right away without the need for repairs or renovations and will also have the benefit of the builder’s warranty. Beautiful 2-story Woodstone homes feature an open main level living space perfect for modern living. The main level kitchen, dining and family room combine to create endless possibilities of use. The upper level of the home creates separate bedrooms for privacy and convenience – whether being rented or lived in.
Quick close opportunities exist in this market as this is a rare occurrence in a market that is being plagued with inventory delays everywhere else. There are tremendous opportunities to invest in an area where there is an abundance of demand for properties and quick rental placements and future gains are a very high likelihood due to the rapidly expanding Metro Atlanta market. Future amenities include a pool and cabana, just to name a few.
The region that makes up Metro Atlanta is getting more and more crowded out and the demand for land and quality homes is increasing. Grandview Terrace provides a choice of living but it also provides a smart financial decision. Whether you are comparing purchasing a new home that is turn key, versus an existing home, Grandview Terrace provides the best of all worlds. A blank slate on a new home, while at the same time having the benefits of existing home values and pricing.
Practical Investment Pointers for Buyers and Investors:
- Give preference to new turnkey developments such as Grandview Terrace with warranty coverage that eliminates future repairs surprises.
- Affordable Housing Should Be Strategically Located Near Jobs and Transit Opportunities — in this case, Grandview benefits from its proximity to I-575 and numerous employers.
- Act fast on quick close units, speed is everything in relation to achieving rental yields or resale.
- Review potential properties with adequate privacy features and multi-purpose rooms for long term renters and families.
Investment Deals Like No Other
For investors seeking stable appreciation and a desirable lifestyle, we suggest exploring Grandview Terrace. As one of America's largest home builders, David Weekley Homes knows how to create meaningful communities that also offer strong long-term investment potential. And with homes in this sought after Atlanta new home community selling quickly, now is an ideal time for international investors looking to enter Metro Atlanta’s new home market.
