Two years after debut, Oakhurst condo conversion sniffs sellout

Two years after debut, Oakhurst condo conversion sniffs sellout

Two years after debut, Oakhurst condo conversion sniffs sellout

Josh Green

Tue, 05/06/2025 – 08:46

An adaptive-reuse project where Oakhurst meets Kirkwood is approaching sellout status nearly two years after its debut, with final new condos priced at less than $200,000, according to sellers.  

Called Park 108, the condo venture by national developer Toll Brothers aimed to fill a void of for-sale multifamily product on the southwest side of Decatur by transforming a building that’s stood for nearly a century. 

Renovation work on the 33-unit building took about two years. Eric White, Toll Brothers division president in Georgia, says the two remaining Park 108 homes are both priced at $199,900. 

The Forsyth plan (one bedroom, one bathroom) counts 632 square feet on the first floor, while the Claire studio plan has 504 square feet on the second floor. The latter was discounted by nearly $15,000 last month. 


Toll Brothers


Josh Green/Urbanize Atlanta

Floorplans for remaining condos can be viewed here (see floors one and two), while a peek inside the one-bedroom unit is over here

According to listing services, the two remaining Park 108 condos qualify for the Decatur Land Trust Model, which means specific qualifications must be met. 

DLT’s model goes that homes will be sold to new owners, but the land beneath them will be kept in a trust. Should new homeowners sell in the future, the DLT’s ground-lease program is meant to ensure the properties retain their affordability permanently by capping the price at which owners can sell, DLT officials previously told Urbanize Atlanta. DLT also typically retains a long-term option to buy the homes back if owners choose to sell and move. 

Following its completion in summer 2023, the revised three-story Park 108 structure offered a range of floorplans (18 total) from 500-square-foot studios to airy two-bedroom units with ceilings climbing up to 14 feet. Some included a second story, with prices topping out around $600,000. 

In-home features include wide-plank hardwood flooring, oversized windows, and custom cabinetry. Like transit access, the condos’ character is intended to make up for the building’s lack of amenities, such as a swimming pool and balconies. 


This two-bedroom unit was priced just shy of $600,000. Toll Brothers

Perks of the location include MARTA’s East Lake station, situated across the street. Oakhurst Village is a few blocks in the other direction, and College Avenue’s charming strips of retail and restaurant offerings are also nearby.

The 1930s building once functioned as a Southern Bell telephone company switchboard facility; more recently, it was an AT&T training center.

Find more context and images for the Park 108 project in the gallery above. 

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Oakhurst news, discussion (Urbanize Atlanta)

Images


The brick structure’s frontage on East Lake Drive, prior to renovations. Google Maps


The 1930s building and parking prior to renovations, across the street from East Lake MARTA station. Google Maps


Layout of first-floor units and onsite storage. Courtesy of Toll Brothers/Park 108


The corner where Park Place meets East Lake Drive in Oakhurst. Josh Green/Urbanize Atlanta


Josh Green/Urbanize Atlanta


Josh Green/Urbanize Atlanta


This two-bedroom unit was priced just shy of $600,000. Toll Brothers


Toll Brothers


Toll Brothers

Subtitle
Two new units unsold at adaptive-reuse project near MARTA—both priced (barely) in the $100Ks
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108 Park Place (13404), Thrive Residential (13405), Park 108 (13406), MARTA (12704), Toll Brothers (12759), East Lake MARTA Station (12834), Southern Bell (13407), Atlanta Condos (12788), Adaptive-Reuse (13408), Decatur (12832), City of Decatur (13409), Adaptive-Reuse Development (25384), Adaptive Reuse (26829)
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A small brick condo building under blue skies near Atlanta.
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A small brick condo building under blue skies near Atlanta.
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Two years after debut, Oakhurst condo conversion sniffs sellout

Josh Green

Tue, 05/06/2025 – 08:46

An adaptive-reuse project where Oakhurst meets Kirkwood is approaching sellout status nearly two years after its debut, with final new condos priced at less than $200,000, according to sellers.  Called Park 108, the condo venture by national developer Toll Brothers aimed to fill a void of for-sale multifamily product on the southwest side of Decatur by transforming a building that’s stood for nearly a century. Renovation work on the 33-unit building took about two years. Eric White, Toll Brothers division president in Georgia, says the two remaining Park 108 homes are both priced at $199,900. The Forsyth plan (one bedroom, one bathroom) counts 632 square feet on the first floor, while the Claire studio plan has 504 square feet on the second floor. The latter was discounted by nearly $15,000 last month. 

Toll Brothers

Josh Green/Urbanize Atlanta

Floorplans for remaining condos can be viewed here (see floors one and two), while a peek inside the one-bedroom unit is over here. According to listing services, the two remaining Park 108 condos qualify for the Decatur Land Trust Model, which means specific qualifications must be met. DLT’s model goes that homes will be sold to new owners, but the land beneath them will be kept in a trust. Should new homeowners sell in the future, the DLT’s ground-lease program is meant to ensure the properties retain their affordability permanently by capping the price at which owners can sell, DLT officials previously told Urbanize Atlanta. DLT also typically retains a long-term option to buy the homes back if owners choose to sell and move. Following its completion in summer 2023, the revised three-story Park 108 structure offered a range of floorplans (18 total) from 500-square-foot studios to airy two-bedroom units with ceilings climbing up to 14 feet. Some included a second story, with prices topping out around $600,000. In-home features include wide-plank hardwood flooring, oversized windows, and custom cabinetry. Like transit access, the condos’ character is intended to make up for the building’s lack of amenities, such as a swimming pool and balconies. 

This two-bedroom unit was priced just shy of $600,000. Toll Brothers

Perks of the location include MARTA’s East Lake station, situated across the street. Oakhurst Village is a few blocks in the other direction, and College Avenue’s charming strips of retail and restaurant offerings are also nearby.The 1930s building once functioned as a Southern Bell telephone company switchboard facility; more recently, it was an AT&T training center.Find more context and images for the Park 108 project in the gallery above. …Follow us on social media: Twitter / Facebook/and now: Instagram  • Oakhurst news, discussion (Urbanize Atlanta)

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108 Park Place
Thrive Residential
Park 108
MARTA
Toll Brothers
East Lake MARTA Station
Southern Bell
Atlanta Condos
Adaptive-Reuse
Decatur
City of Decatur
Adaptive-Reuse Development
Adaptive Reuse
Atlanta Condos for Sale
Decatur Condos
Decatur Condos for Sale

Images

The brick structure’s frontage on East Lake Drive, prior to renovations. Google Maps

The 1930s building and parking prior to renovations, across the street from East Lake MARTA station. Google Maps

Layout of first-floor units and onsite storage. Courtesy of Toll Brothers/Park 108

The corner where Park Place meets East Lake Drive in Oakhurst. Josh Green/Urbanize Atlanta

Josh Green/Urbanize Atlanta

Josh Green/Urbanize Atlanta

This two-bedroom unit was priced just shy of $600,000. Toll Brothers

Toll Brothers

Toll Brothers

Subtitle
Two new units unsold at adaptive-reuse project near MARTA—both priced (barely) in the $100Ks

Neighborhood
Oakhurst

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Park 108

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