Share This Listing

Message

930 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Ascent Lofts - Kennesaw 765 Cobb Place Blvd NW 100 Unit Apartment Building $20,240,841 CAD ($202,408 CAD/Unit) Kennesaw, GA 30144

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • 1.59 Acres, 160 Units - 6 additional units can be added
  • CMU Metal Framing Structure with pitched metal roof, Guest Laundry
  • Walking distance from Many restaurants
  • Located right off I-75, Built 1994 - 2 Story
  • Ice Machine
  • Near Kennesaw State and Town Center Mall

EXECUTIVE SUMMARY

Offered Price: $14,500,000 As Is / $17,000,000 Renovated
Units: 160
Ascent Lofts is strategically located in Kennesaw, Georgia, offering excellent accessibility right off Interstate I-75, with seamless connectivity to Metro Atlanta and the greater Southeast region. The property is situated approximately 25 miles northwest of Downtown Atlanta, positioning it within reach of one of the nation’s most dynamic business and cultural hubs. Prominent landmarks surround the area, including Kennesaw State University just 2 miles away, Town Center at Cobb Mall within 3 miles, and the historic Kennesaw Mountain National Battlefield Park at only 5 miles. The property is also located less than 30 miles from Hartsfield–Jackson Atlanta International Airport, one of the busiest airports in the world, providing direct global access. Additional nearby demand generators include Six Flags White Water (10 miles), Truist Park and The Battery Atlanta (15 miles), and Downtown Marietta Square (7 miles). Surrounded by a robust mix of retail, dining, higher education, and corporate demand, Ascent Lofts benefits from a prime location within a thriving suburban market experiencing continued growth and development.
Location Highlights:
1. Interstate & Highway Access – Conveniently located right off Interstate I-75, providing direct connectivity to Metro Atlanta, major suburbs, and the Southeast region.
2. Proximity to Downtown Atlanta – Approximately 25 miles northwest of Downtown Atlanta, a major economic and cultural hub.
3. Nearby University – Kennesaw State University, one of Georgia’s largest universities, is just 2 miles away.
4. Retail & Dining – Town Center at Cobb Mall and surrounding retail corridors are within 3 miles, offering a wide variety of shopping and dining options.
5. Recreational Landmark – Kennesaw Mountain National Battlefield Park, a popular historic and outdoor attraction, is located just 5 miles away.
6. Sports & Entertainment – Truist Park and The Battery Atlanta, home to the Atlanta Braves and a premier entertainment district, are approximately 15 miles away.
7. Airport Access – Less than 30 miles to Hartsfield–Jackson Atlanta International Airport, one of the world’s busiest airports.
8. Local Attractions – Downtown Marietta Square is just 7 miles away, offering a historic district with dining, retail, and cultural venues.
Kennesaw, Georgia's economic landscape is seeing a mix of developments that can drive sales for local businesses. The city's growth is heavily tied to Kennesaw State University, its existing commercial corridors, and new residential projects. These factors will bring more people to the area, creating new sales opportunities. Here are the key developments that could drive sales in Kennesaw:
Residential Growth: There is a notable increase in new home construction across Kennesaw, with a variety of single-family homes, townhomes, and apartments being built. This influx of new residents directly translates to increased sales for local businesses, including retail stores, restaurants, and service providers.
Kennesaw State University (KSU) Expansion: As one of the largest universities in Georgia, KSU is a major economic engine. Its continued enrollment growth, campus expansions, and strategic plan to become a top research university will bring more students, faculty, and visitors to the area. This drives sales for businesses catering to the student population and for those that benefit from events, conferences, and family visits.
Commercial and Retail Development: While the area has established commercial corridors, there is ongoing development and revitalization. This includes new retail centers and the enhancement of existing shopping areas. These projects bring new businesses to the city, giving residents and visitors more reasons to shop and dine locally.
Please Do Not Call the Property or Onsite Staff about the Sale of the Property. Absentee Owner.

PROPERTY FACTS

Price $20,240,841 CAD
Price Per Unit $202,408 CAD
Sale Type Investment
No. Units 100
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 1.93 AC
Building Size 122,882 SF
No. Stories 3
Year Built 2016
Zoning RRC

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Dishwasher
  • Washer/Dryer
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Tub/Shower
  • Freezer

SITE AMENITIES

  • 24 Hour Access
  • Property Manager on Site
  • Tenant Controlled HVAC
  • Walking/Biking Trails
  • Maintenance on site
  • Walk-Up
  • Smoke Detector

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 100 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
16-0718-0-002-0
Land Assessment
$539,967 CAD
Improvements Assessment
$690,218 CAD
Total Assessment
$1,230,184 CAD
  • Listing ID: 38396706

  • Date on Market: 2025-11-10

  • Last Updated:

  • Address: 765 Cobb Place Blvd NW, Kennesaw, GA 30144

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}