192 Luxury Rental Units
In December of 2022, after a 15 month re-zoning effort, Penler acquired 18 acres in southern Cherokee County on Hwy 92 between I-75 and I-575. The area benefits from median household incomes 32% above the Atlanta MSA, median home values at nearly $400k, great schools and a growing, well-educated population.
Penler will construct 192 luxury rental units, a 6,000 square foot clubhouse with an expansive pool deck, fitness center, lounge and leasing center. The development will offer several community lawns and a dog park. The homes will feature direct unit entry, quartz countertops, luxury stainless appliances, plank flooring and high-end lighting and plumbing fixtures.
First residents will be welcomed in q2 of 2024, with final completion in q3 of 2024.