Cushman & Wakefield announced the commercial real estate services firm has arranged the sale of The Haven at Kennesaw, a 32-unit, 148-bed cottage-style apartment community located at 1805 Shiloh Rd. NW. in
Travis Prince, Victoria Marks, Travis Presnell, and Shawn Lubic of Cushman & Wakefield represented the seller, Henssler Capital, LLC, in the transaction. The apartment community was acquired by The Preiss Company.
“The Haven at Kennesaw, a cottage style-community catering to Kennesaw State University, offered a stabilized Class A investment opportunity in a highly desired Southeast market. The property delivered in Fall 2018 at 100% occupancy and has since achieved this level of performance year over year while also realizing significant rent growth correlating directly to the explosive enrollment growth seen at Kennesaw State University,” said Marks, Senior Associate at Cushman & Wakefield.
Situated near Kennesaw State University (KSU), The Haven at Kennesaw has been a top performer in the market by maintaining its full occupancy since its delivery. Units feature multiple accommodating floor plans with modern appliances and flooring along with community amenities such as a pool with a sundeck, ample greenspace, on-site maintenance and management, and pet-friendly designation.
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In 2023, the firm reported revenue of $9.5 billion across its core services of property, facilities and project management, leasing, capital markets, and valuation and other services. It also receives numerous industry and business accolades for its award-winning culture and commitment to Diversity, Equity and Inclusion (DEI), sustainability and more.
