© 2019 Spirit Investment Partners

The Adair Living

The Adair is located in Sandy Springs, Georgia, part of the Atlanta MSA. The 232-unit Class A community is located off of Roswell Road, a heavily traveled road in the affluent city of Sandy Springs. The property was built in 2000. The Adair is located in Sandy Springs, one of Atlanta’s most affluent and desirable cities to live in. Sandy Springs is known for having some of the highest barriers to entry of any submarket in the MSA. There has been only 615 units developed in Sandy Springs over the past 12 years.

The Adair is located in the Sandy Springs/Perimeter submarket, one of the most dynamic city centers in Atlanta. It encompasses two counties (Fulton and DeKalb), two cities (Sandy Springs and Dunwoody) and two major thoroughfares (I-285 and GA 400). There are 27 million square feet of office space and 7 million square feet of retail space, including a super-regional mall. Due to its superior infill location and affluent residential housing, Fortune 500 & 1000 companies have continued to move to Sandy Springs. Within the next year over 7,300 new jobs will be created within a 7-mile radius of Laurels.

Spirit is renovating The Adair to the level of surrounding Class A properties. Interior upgrades will include new stone countertops, stainless steel appliances, laminate wood flooring, contemporary lighting and fixtures, two-tone paint, modern cabinetry, and new bathroom vanity. Exterior and community upgrades will include improved landscaping, a remodeled clubhouse, renovated leasing and fitness centers, an enhanced pool deck with an outdoor BBQ area, fire pit, and resort style furniture, extensive new landscaping, signage, and other common area upgrades.