The Preserve

Stratus was tasked with the sale of The Preserve at Tumbling Creek, a fractured condo community adjacent to the University of North Georgia. Prior to sale, Stratus made recommendations to increase the appeal of the asset and ensuing value. Notably, property management was transitioned to a more responsive firm, various improvements were made to the grounds to increase curb appeal and rents, service contracts re-negotiated, and a large number of remaining condo units were purchased back to gain voting control of the HOA. These efforts combined with a comprehensive and thoughtful marketing campaign, generated for the client a sale price 46% higher than initial valuations!