Multifamily Community Located in Historic Kirkwood
Avila closed on the assemblage for The Kirkwood in 2013 and 2014 after researching the Kirkwood area and concluding that the area was in need of an affordable multifamily community. Avila worked extensively with the various neighborhood groups and City of Atlanta to develop a design that was cohesive with the vision for the Kirkwood community and ultimately successfully obtained both a land use plan amendment and a zoning classification change to permit its envisioned multifamily development.
Investment Asset
The Kirkwood represents Historic Kirkwood’s only mid-rise, covered deck parking, multifamily rental product. Moreover, lying to the east of Atlanta, Kirkwood is a nationally designated historic neighborhood. With nearly 2,000 contributing resources, the Kirkwood Historic District is the largest historic district in the State of Georgia. Kirkwood is bound on the north by DeKalb Avenue, on the south by Memorial Drive and Interstate 20 and bordered by the thriving neighborhoods of Lake Claire, East Lake, Edgewood and Oakhurst. Situated within the City of Atlanta, this location allows for short commutes to three of Atlanta’s largest and rising office submarkets: Midtown, Downtown and the Airport South.
Year Built: 2018
Project Type: Multi-Dwelling Residential
Number of Buildings: 5
Number of Units: 232
Construction Type: Wood Frame, Structured Parking Deck
Unit Mix: 54% one bedroom one bath, 46% two bedroom two baths
