To Invest or Not: Turner Field Atlanta (Peoplestown)

[Azeez K.]

Dear All,

Hope this message finds you all doing well. I am writing to get your thoughts on investing close to Turner Field /Peoplestown Atlanta GA.

I currently have a SFR under contract (due-dilegence period). The house was built in 2004 and is over 3000 sqft with 4 Bed 3 Bath and is in great condition. The house in question is about 6 min walking distance from Turner Field at the same time a short drive from Grant Park proper.

I want to get market insights from fellow investors in Atlanta and get their point-of-view on what they are seeing around Peoplestown/Turner Field area and their thoughts about investing close in the area.

I recently read an article in AJC about GSU plans to develop Parking lots and the redevelop the entire area. In addition, the house in question is walking distance from the proposed south east beltline trail.

My questions are below:

1. Are you currently experiencing developers/re professionals within your network investing in the Turner Field area?

2. If you currently have a property in the area how easy/difficult is it to rent a single family residence and what is your tenant profile like?

3. Would you consider investing around turner field as part of your long term strategy or are there better alternatives that should be considered from a long term buy and hold here in Atlanta?

Again appreciate you taking the time to read the post and your input.

Thanks