Continental Properties Completes Atlanta-Area Community

Authentix Cartersville clubhouse. Image courtesy of Continental Properties

Continental Properties has completed Authentix Cartersville, a 240-unit multifamily community in Cartersville, Ga. McShane Construction Co. was the general contractor and Excel Engineering provided architecture services.

The developer broke ground on the project in 2021, financing its construction with a $32 million loan from Synovus Bank, according to Yardi Matrix data. The note has a maturity date set in 2026.

The community comprises 10 two-story buildings on a 25.8-acre site, with one-, two- and three-bedroom floorplans ranging from 544 to 1,348 square feet. All apartments feature in-unit washers and dryers, while private balconies or patios are available for some layouts. Common-area amenities include a swimming pool, fitness center and clubhouse, along with 280 parking spaces.

Located at 5000 Highway 20, the garden-style property is less than 4 miles from central Cartersville as well as 45 miles from downtown Atlanta, having direct access to Interstate 75. Various retail and dining options, along with Piedmont Cartersville Medical Center, are within a 2-mile radius.

Authentix Cartersville represents the 22nd collaboration between Continental Properties and McShane Construction Co. Last year, the developer completed a record-setting transaction, selling a 264-unit community for $111 million—at the time it was the largest in Colorado Springs, Colo., history. More recently, the firm sold another Colorado community for $67 million.