Orchard Reserve - Rental Community For Sale
Multifamily | 5.70% CAP | 79 Units
Marketing description
Orchard Reserve | 79-Unit Build-to-Rent Investment Opportunity
Introducing Orchard Reserve, a premier 79-unit Build-to-Rent townhome community located in the heart of Cornelia, Georgia—one of Northeast Georgia's fastest-growing residential markets. This newly constructed, institutional-quality asset offers investors the rare opportunity to acquire a stabilized income-producing community with immediate cash flow, modern construction, and significant long-term appreciation potential.
The community features a thoughtfully designed mix of two-, three-, and four-bedroom floor plans, catering to a broad tenant demographic including families, professionals, and workforce housing. Each residence offers contemporary finishes, open-concept living spaces, granite countertops, stainless steel appliances, luxury vinyl plank flooring, attached garages on select homes, and low-maintenance construction designed to maximize resident satisfaction while minimizing ongoing capital expenditures.
Positioned in a supply-constrained rental market, Orchard Reserve has demonstrated exceptional leasing momentum and strong occupancy, reflecting the continued demand for quality rental housing throughout Habersham County. The property's strategic location provides convenient access to U.S. Highway 441, Highway 365, Gainesville, and the rapidly expanding Northeast Georgia Inland Port, one of the region's most significant economic development projects expected to generate thousands of new jobs and drive continued population growth.
Offered at $21,920,000, Orchard Reserve presents an exceptional opportunity to acquire a newly developed Build-to-Rent community with an attractive in-place yield, durable income stream, and future upside through continued rent growth in a market experiencing sustained economic expansion.
Investment highlights
- Stabilized, Income-Producing Asset: Proven performance with Phase 1 (39 units) fully leased, demonstrating strong cash flow and operational stability
- Phase 2 Delivered: Expansion completed with 40 additional townhomes, bringing total scale and enhanced revenue potential
- Institutional-Quality Product Mix: Three strategically designed floorplans to maximize tenant capture: 2-Bedroom Units, 3-Bedroom Units, 4-Bedroom Units
- Demonstrated Leasing Strength: Rapid lease-up velocity across delivered units
- Consistent tenant demand with active waitlist
- Supply-Constrained Market: Limited competing rental inventory in Cornelia supports sustained occupancy and rent growth
- Strategic Location with Economic Drivers: Proximity to the Northeast Georgia Inland Port
- Access to the expanding North Hall County industrial and employment corridor
- Benefiting from regional job growth and workforce housing demand
- Scalable Investment with Reduced Risk
- Attractive Yield Profile: Opportunity to capture immediate in-place income with additional upside through rent growth and stabilization of new units
- Long-Term Appreciation Potential: Positioned in a high-growth Northeast Georgia submarket with strong population and income trends
- Turnkey Expansion Opportunity: Fully executed development allows investors to step into a stabilized + growth-phase asset without early-stage development risk
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