four-story mid-rise apartment community

In June 2024, PENLER completed the acquisition of Signal, a four-story mid-rise surfaced-parked apartment community, located at 397 N. Central Ave, Hapeville, GA 30354. The property boasts a wide array of high-end amenities, including a multimedia club room, a sky lounge with panoramic views, multiple gas grilling stations, a pizza oven, and an outdoor fireside lounge. Residents also benefit from a complimentary coffee bar, collaborative workspaces, a state-of-the-art fitness center, a personal fitness studio, and a resort-style deck featuring a saltwater pool. For pet owners, the community offers a dog park and a luxury pet spa, along with conveniences like a 24-hour Luxor package room, rentable storage units, and private garages. 

The apartments themselves are designed for modern living, featuring two distinct finish packages, granite countertops, luxury stainless steel appliances, and custom tile backsplashes. Additional in-unit amenities include wood plank-style flooring, in-home Whirlpool washer and dryer, and oversized walk-in closets, prioritizing comfort and convenience. 

Signal also includes 4,392 square feet of ground-floor retail space, currently occupied by Juniors Pizza, which occupies 1,944 square feet, and Transcendent Smiles, a dental office leasing 1,600 square feet. 

Strategically located next to Hartsfield-Jackson Atlanta International Airport, the world’s busiest airport, Signal benefits from proximity to over 63,000 airport employees and 103,000 cargo workers. Just a short drive away is Delta Air Lines’ World Headquarters, a 635,000-square-foot facility housing more than 3,500 corporate employees, as well as Delta’s Flight Museum, a notable local attraction. Across the street lies Porsche’s North American Headquarters, a 33-acre site that employs over 650 corporate staff and includes the popular Porsche Experience Center, a destination for tourists and motorsports enthusiasts.