Viking Capital Announces New Investment Opportunity in Atlanta

Viking Capital has unveiled its newest multifamily investment venture, Avondale Hills, marking its 28th acquisition. This 2023-built, 240-unit Class A property, located near Atlanta, promises significant potential with below-market rents and high-end amenities. Investors can anticipate immediate rent increases of $200 to align with market rates, enhancing the property's appeal.

Acquired off-market at a $20M discount, Avondale Hills offers strong long-term financial stability and attractive returns. Its new construction, millennial-friendly design, and strong submarket fundamentals reduce investment risk.

Situated directly across from a MARTA transit station, the property is ideal for affluent renters seeking affordable living outside the city, with major tech employers accessible within a 20-minute ride. The location benefits from strong economic drivers, Fortune 500 companies, and luxury shopping centers, offering diverse employment opportunities.

With over 2,000 units in Atlanta, Viking Capital leverages economies of scale for operational efficiencies and organic growth. Join their live webinar on July 9th at 7 p.m. ET for more information about this latest investment offering.