Recognizing the potential of an outdated asset, Six Four Asset Management teamed up with an experienced Georgia sponsor in 2021 to acquire St. James Place, a 165-unit garden-style apartment community originally built in 1970 in College Park. With its location near major Atlanta employment hubs like Hartsfield-Jackson International Airport, College Park represented an attractive, up-and-coming area aligned with Six Four's goal of expanding in the Southeast.

Executing on a business plan to modernize interiors and enhance curb appeal, Six Four invested in unit upgrades including new flooring, cabinets, countertops, lighting, and appliances. Exterior improvements focused on landscaping, signage, and window replacements to boost aesthetics. Common areas like the clubhouse were also renovated.

By partnering with a sponsor boasting a proven value-add track record, Six Four was well-positioned to execute on strategic renovations at St. James Place. Through this capital improvement plan, Six Four successfully repositioned the decades-old property, bringing it up to current standards and unlocking its full potential in an advantageous metro Atlanta submarket.