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The Grace Residences apartments in Atlanta, GA

Updated

The Grace Residences

200 Nerem St NW, Atlanta, GA 30313, USA

4.8 (200 reviews) Official Website

Live pricing, refreshed

27
Units Listed
$1,545
Starting at
$2,295
Average
$3,751
Highest
$2.57
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Hills Park rent trends

Beds

Pricing by Bedroom

Studio
$1,731
from $1,545 · 7 units
~596 sqft avg
1 Bed
$2,179
from $1,912 · 12 units
~839 sqft avg
2 Bed
$2,850
from $2,621 · 7 units
~1,203 sqft avg
3 Bed
$3,751
from $3,751 · 1 units
~1,452 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Units with Price Changes (27)

Largest 8 movers of 27

Last 15 days

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: modeled from how many distinct units we have observed over time
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: moderate (building size is modeled).

Est. Monthly Revenue

$58K

$698K annual run rate

Modeled estimate

Est. Occupancy

50%

of about 54 units (modeled from leasing activity)

Effective Rent on New Leases

$2,154

vs $2,295 current asking ($141 negotiation gap)

Recent Lease Activity

54 units tracked; 27 assumed leased, 27 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

27

Very high availability

15 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Moderate leverage

Some signals suggest room to negotiate, especially if you can be flexible on move-in date.

Available Units

27 units
Studio / 1 Bath ST A
$1,545/mo
586 ft² · $2.64/ft² · #0121
Up $13 since Aug 19 (was $1,532)
Studio / 1 Bath ST B.1
$1,545/mo
604 ft² · $2.56/ft² · #0129
Up $13 since Aug 19 (was $1,532)
Studio / 1 Bath ST A
$1,596/mo
586 ft² · $2.72/ft² · #0123
Down $160 since Aug 8 (was $1,756)
Studio / 1 Bath ST 1
$1,706/mo
593 ft² · $2.88/ft² · #0204
Studio / 1 Bath ST 2
$1,801/mo
545 ft² · $3.30/ft² · #0106
Down $264 since Jul 28 (was $2,065)
Studio / 1 Bath ST 1
$1,899/mo
628 ft² · $3.02/ft² · #0404
1 Bed / 1 Bath 1BR D
$1,912/mo
747 ft² · $2.56/ft² · #0330
Down $7 since Aug 17 (was $1,919)
1 Bed / 1 Bath 1BR D
$1,949/mo
747 ft² · $2.61/ft² · #0130
1 Bed / 1 Bath 1BR D
$1,949/mo
747 ft² · $2.61/ft² · #0230
Studio / 1 Bath ST 1
$2,024/mo
628 ft² · $3.22/ft² · #0804
Up $17 since Aug 17 (was $2,007)

Train activity

Severe nighttime trains

Freight line 710 ft away · 31 trains/day

  • 17 daytime, 14 overnight
  • Crossing 710 ft away. Horns expected day and night.
  • Operator: NS

Why this matters →

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Atlanta, GA notes

No resident notes for this property yet.

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