RSN Property Group and Monday Properties are pleased to announce their joint acquisition of Audubon Crest, a 126-unit garden-style apartment community which has been rebranded as Alessia Gardens, in Oakwood, Georgia, a growing suburb in the greater Atlanta metro area.
The deal stands as the partnership’s fourth acquisition in the past eight months including: Eagle Creek Landing in the Dallas-Fort Worth market, Villas at Princeton Lakes also in Atlanta, and The Summit on 401 in Fayetteville, North Carolina.
“Our market analysis identified Alessia Gardens as an asset with significant value-creation potential in one of the Southeast's most promising markets," said Reed Goossens, Founder and CEO, RSN Property Group. “Atlanta's economic strength is anchored by its diversification across key sectors—from logistics and healthcare to technology and financial services—which provides the foundation for sustained residential demand.”
“The purchase of Alessia Gardens represents our continued confidence in high-growth suburban markets where strong demographic trends and our proven track record positions us to deliver outsized returns, ”said Chris Wiederhold, Vice President of Acquisitions, Monday Properties. “With four acquisitions completed in just eight months, we're building significant scale and operational efficiencies across our growing portfolio.”
Alessia Gardens offers stylish apartment homes in two-and three-story garden-style layouts. The beautifully landscaped, tree-lined community is designed to enhance the tenant experience, featuring premium amenities such as a dog park, swimming pool, car wash station and abundant green spaces. Strategically located just 50 miles northeast of downtown Atlanta a long the I-985 corridor, Alessia Gardens provides residents with easy access to the city's economic hubs while maintaining the tranquility of suburban living. The property's prime location offers proximity to top-tier restaurants, shopping centers, major highways and recreational parks.
RSN Property Group as the operational lead plans to implement comprehensive unit upgrades including granite countertops, under-mount sinks, gooseneck faucets, new kitchen cabinets with modern hardware, new backsplash and updated lighting fixtures, vinyl flooring throughout, framed bathroom mirrors, new stackable washer/dryers, stainless steel appliances, and new door hardware in matte black finishes.