Garden apartments · Georgia
Magnolia Park
Housing redevelopment built 2000, active market with $1,926 rent, 8k+ units approved in 2024. · summary, model-written
Solid = from the authors' map · outlined = public source · dashed = model-written, not yet reviewed by a person. Tap any value's source label to see where it came from. documented = a quoted excerpt (click to read it) · reported = a source named, no excerpt yet · no source.
Site profile4 elements · what this retrofit is built with · tap a chip for the evidence
3+ other atlas sites within 10 km
This site: 28 within 10 km computed · all sites with thisCounty permitting 2,000+ apartment units a year
This site: 8,159 units, Fulton County census-bps · all sites with thisRedeveloped
This site: Opened in 2000 on the site of former John Eagan Homes record · all sites with thisHousing
This site: …new_use field newtypes-extraction · all sites with thisNow
| Status | Retrofit builtnewtypes-extraction reported |
|---|---|
| Strategy | RedevelopedWikipedia no source |
| New uses | housingWikipedia no source |
| What is there now | Opened in 2000 on the site of former John Eagan Homesnewtypes-extraction reported |
Securitised debt and public filers
As reported by the loan servicer
Loan-level data the CMBS trust files monthly on EDGAR (Form ABS-EE, Exhibit 102, Schedule AL), latest filing per trust. Balance is the scheduled balance at the period end; DSCR is on net cash flow from the most recent borrower financials; appraised value is the latest valuation reported, or the one at securitisation. Several trusts for one mall usually means one loan split into pari-passu notes, each trust reporting its piece. Matched on the property name and state in the exhibit, unreviewed.
| Trust | Period end | Balance | Maturity | DSCR | Appraised | Occupied | Status |
|---|---|---|---|---|---|---|---|
| BBCMS Mortgage Trust 2025-C39 ABS-EE 2026-09-29 · filing match: exact | 2026-09-11 | $11.4M of $11.5M 2025-09-30 | 2035-10-06 | 2.80x NOI $2.4M | $30.3M 2025-08-26 | 75.5% | current Midland Loan Service |
- Magnolia Park (BBCMS Mortgage Trust 2025-C39): built 2006; renovated 2025; originator Citi Real Estate Funding Inc.
Site context
| Housing permits, Fulton County (GA), 2024 | 8,159 units in 5+ unit buildings, 481 in 2–4, 2,937 single-family; 2023: 7,096 in 5+Census BPS |
|---|---|
| Other atlas sites nearby | 28 within 10 km, 51 within 25 km: Azalea Gardens Apartments (1.4 km); Oak Valley Court Apartments (1.4 km); CNN Center (1.5 km); 56 Marietta St. (1.8 km); Peachtree Arcade (1.9 km)computed |
| Retail trade in the county, 2025 (BLS QCEW) | 55,938 jobs in 4,327 establishments; average annual pay $50,638; employment location quotient 0.60; employment -2.8% on the yearBLS QCEW 2025, NAICS 44-45, private |
| Jobs located in the tract, 2022 | 376 jobs; 140 in retail trade, 103 in accommodation and food (workplace blocks summed to tract 13121002500)Census LEHD LODES8 WAC 2022 |
| Upward mobility (Opportunity Atlas, 2010 tract) | children of low-income (25th percentile) families reached the 28th income percentile as adults; 6.3% incarcerated at the 2010 count (429 children in the sample); born 1978–83, measured 2014–15Opportunity Insights |
| Food access (USDA FARA 2019, 2010 tract) | not a low-access tract at 1 mile; poverty rate 39.6%; median family income $25,688; 364 SNAP householdsUSDA ERS |
| Schools | Atlanta City School District (PK-12); 5 public schools within 1 mile: M. A. Jones Elementary School; KIPP WAYS Academy Charter School; Kipp WAYS Primary Charter School; Booker T. Washington High SchoolNCES EDGE |
| Elevation | 1,010 ft above sea level at the site pointUSGS 3DEP |
| Storm events in the county, 2016-2025 | 266 county-logged events: 174 thunderstorm wind, 48 flash flood, 34 hail, 10 tornado; $9,525,000 property damage reported; 2 direct deaths; forecast-zone events (most flood, winter and heat) not countedNOAA Storm Events |
| Homes for sale in ZIP 30314, 2026-09 | median list price $304,750 (+1.8% on the year); 165 active listings; median 70 days on market; 22% with a price cutRealtor.com Research |
| Retail trade in the county, 2012 to 2023 | 3,732 establishments (+10%); 55,757 jobs (+14%)Census CBP |
| Housing market in the county | typical home value $414,221 (-2% 1 yr, +11% 5 yr); typical rent $1,926/mo (+3% 1 yr), 2026-09Zillow Research |
| Traffic on the busiest road within 600 m (2024) | 8,900 vehicles a day on Martin Luther King Jr Dr; (minor arterial, 4 lanes); 40 counted segmentsFHWA HPMS |
Summary, model-written
Magnolia Park opened in 2000 as garden-apartments on the site of former John Eagan Homes. It is currently built and operating as housing.
Why. The site was redeveloped from housing (original use) to housing (new use).
Where it stands. Located in Vine City, GA. Within 10km, 28 developments include demolished apartments (e.g., Azalea Gardens, Oak Valley Court), proposed projects (e.g., 56 Marietta St.), and under-construction sites (e.g., Boisfeuillet Jones Civic Center).
For a planner
- Fulton County permits show 8,159 housing units approved in 2024 (value: $2.26B).
- Zillow ZORI (rent) is $1,926 (2026-09), up 2.6% YoY.
- Traffic: Martin Luther King Jr Dr. (minor arterial, 4 lanes) has max ADT 8,900 (2024).
For a developer
- Median rent $1,635 cited but source unknown.
- County population growth (4.6% 2018-23) noted but no source.
- No retail or mixed-use data provided.
What we do not know yet
- No current vacancy rate or tenant data.
- No details on ownership or financing.
- "Housing in the record" is the only use type documented; no retail or other uses mentioned.
Generated by qwen3-30b-a3b-64k:latest on Dell 5820 RTX 3090 (Ollama, qwen3-30b-a3b) from the fields, parcels, deals and context layers on this page, with no outside knowledge. It is regenerated when the record changes and has not been checked by a person. How it is made.
Similar sites
- State Capitol Homes, Atlanta, GA · Garden apartments · same strategy: redevelop; also in GA; 2 km away
- Carver Community, Atlanta, GA · Garden apartments · same strategy: redevelop; also in GA; 2 km away
- John J. Eagan Homes, Atlanta, GA · Garden apartments · same strategy: redevelop; also in GA; 2 km away
- East Lake Meadows, Atlanta, GA · Garden apartments · same strategy: redevelop; also in GA; 2 km away
Elsewhere on the web
Search images: Google · Bing · Commons · references: ULI case studies · Google Scholar
Multifamily screen
- retrofit already built
- county grew 4.6% 2018–23
- median rent $1,635
- housing in the record
Inputs: record fields (size, status) and county Census ACS 2018–2023 figures (growth, rent). How the points work. Not a recommendation.
History and original facts
| County | Fulton County |
|---|---|
| Census division | 5 · South Atlantic |
| Notes | Draft from Wikipedia, model-extracted, unreviewed: Magnolia Park opened in 2000 on the site of former John Eagan Homes in Vine City. |
Not yet recorded: acres, GLA, year opened, original developer, retrofit year. Know it? Tell us.
Timeline
- 2000 Magnolia Park opened
Sources
- Atlanta mixed-income communities · CC BY-SA 4.0
2 quoted sentences
Magnolia Park
Opened in 2000 on the site of former John Eagan Homes
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