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Sweetwater Creek

Lithia Springs, GA

Investment Highlights

Located along the I-20 West Corridor in Lithia Springs, GA, Sweetwater Creek is 15 miles west of downtown Atlanta in a bedroom community with short commute times to Downtown and Midtown Atlanta, the Vinings/Cumberland office sub-market, and Hartsfield-Jackson Atlanta International Airport. The property sits adjacent to Sweetwater Creek State Park, which has over 9 miles of hiking trails, a lake with boat rentals, and camping facilities.Sweetwater Creek lies just two minutes from the Thornton Road Industrial Corridor, home to Amazon warehouses and Google data centers. “Data Hill”, within Douglas County, is home to 2M SF of data center space, with another 3.5M SF planned, and has seen $3B in total investments since 2016. Landings at Sweetwater Creek is TruAmerica’s 9th acquisition in the Georgia and 2nd in Douglas County.

Property Highlights

The 270-unit property was built in 2001 and features one-, two, and three-bedroom floorplans. All floorplans at the property have porches or balconies as well as walk-in closets.

All the apartment homes at Sweetwater Creek were left in classic condition by prior ownership. TruAmerica plans to renovate all 270 of the apartment homes with anticipated upgrades including vinyl flooring, quartz countertops with undermount sinks, upgraded lighting/plumbing fixtures, stainless steel appliances, and upgraded white cabinetry. Furthermore, TruAmerica will install washers and dryers all 270 homes. TruAmerica also plans to conduct a full renovation of the clubhouse and fitness center, as well as make other upgrades to the amenities and exterior.

Community Amenities

  • Swimming pool
  • Leasing office with resident clubhouse
  • Fitness center
  • Picnic and grilling areas
  • Dog park
  • Playground
  • Car Wash Area
  • Lighted Tennis Courts
UNITS
270
AVERAGE SF
1098
ACQUIRED
04/26/2019
10100 Santa Monica Blvd, Suite 400
Los Angeles, CA 90067
(424) 325-2750
TruAmerica Multifamily is a Los Angeles-based investment firm focused on acquiring, renovating, and managing multifamily housing throughout the United States.
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