Buying In Kennesaw, GA
Sell Your Commercial Property In Kennesaw, GA
Own a commercial apartment building of five or more units in Kennesaw? We purchase multifamily properties around Downtown Kennesaw, Town Center, and the rest of Cobb County, and we review every deal against a clear buy box.
- Clear feedback on your deal, typically within 48 hours
- 5 to 100+ units, stabilized or distressed, listed or off-market
- Owners, agents, and brokers welcome — every conversation is confidential
We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits
Kennesaw Submarkets: Downtown Kennesaw · Town Center · Chastain Road corridor · Acworth — Cobb County, GA
Why Kennesaw
Why We Buy Multifamily In Kennesaw
Kennesaw's rental market is shaped by its university. Kennesaw State University reports more than 51,000 enrolled students across its Kennesaw campus on Chastain Road and its Marietta campus, with more than 5,200 living in university housing, so the large majority of students live off campus, whether in Kennesaw rentals, elsewhere in Cobb County or with family. That off-campus demand reaches apartments well beyond the campus edge.
The city itself is small. The Census Bureau's 2020–2024 American Community Survey counts 4,801 renter households, 35.4% of occupied homes, paying a median gross rent of $1,845 a month, and only 2,791 housing units in buildings with five or more apartments. Below are the figures, Cobb County taxes and rules that matter for owners in Downtown Kennesaw, Town Center or along the Chastain Road corridor.
Kennesaw State University
KSU reports more than 51,000 enrolled students and more than 5,200 living in its residential communities, so the large majority of students live off campus.Rents above Marietta's
ACS 2020–2024 data put Kennesaw's median gross rent at $1,845 a month, $259 above neighboring Marietta's $1,586 and above HUD's two-bedroom Fair Market Rent.Newer housing stock
Kennesaw's median housing unit was built in 1998, younger than Marietta's 1987 median, per the 2020–2024 American Community Survey.Our Buy Box
What We Buy In Kennesaw
Asset Type
Multifamily, 5+ Units
Apartment buildings and income-producing residential.
Size
5 – 100+ Units
Sweet spot: 15–25 units.
Condition
Stabilized To Distressed
Value-add, mismanaged, and high-vacancy properties welcome.
Deal Types
Listed Or Off-Market
Direct-to-owner, pocket listings, portfolios.
Local Market Data
Kennesaw Apartment Market
Figures gathered October 2026 from public market data.
Who rents in Kennesaw
The 2020–2024 ACS counts 34,605 residents and 13,554 occupied homes: 8,753 owned and 4,801, or 35.4%, rented. The median household income is $83,356, above Marietta's $72,725. Of renter households, 2,488, or 51.8%, spend 30% or more of income on rent and utilities, and 1,296, or 27.0%, spend half or more. Students in university housing are counted as group quarters rather than renter households, so these figures describe off-campus renters.
Rents and the housing stock
Median gross rent is $1,845 a month, about 26.6% of the median household income and $25 above HUD's FY2026 two-bedroom Fair Market Rent for the Atlanta area. Most housing is not in apartment buildings:
| Housing type | Units |
|---|---|
| Detached houses | 8,335 |
| Attached homes | 2,400 |
| 5 to 19 unit buildings | 988 |
| 20 to 49 unit buildings | 568 |
| 50+ unit buildings | 1,235 |
| Mobile homes | 449 |
Buildings with five or more units hold 2,791 of 14,380 housing units, 19.4%, and complexes of 50 or more make up 44.2% of that. The median unit was built in 1998. The ACS counts 826 more housing units than occupied homes, about 5.7% of the stock, including homes for sale and seasonal units. With 4,801 renter households and 2,791 apartment units, houses and townhomes carry a large share of the rental market. Attached homes are notably common at 2,400 units, 16.7% of the stock, and 449 mobile homes add a small low-cost segment.
Property taxes in Cobb County
Georgia assesses property at 40% of fair market value as of January 1, with 45 days to appeal, per the Department of Revenue. The 2025 millage report lists Cobb County at 8.460 mills, the Cobb County School District at 18.700 and Kennesaw at 7.750 plus 1.400 for bonds, for 36.310 mills, about 1.45% of market value, or roughly $29,000 a year on a $2 million building. Inside Marietta, which has its own school district, the comparable total is 31.122 mills. The HB 581 homestead cap does not apply to rental property.
Landlord rules
O.C.G.A. 44-7-19 bars local rent control. The 2024 Safe at Home Act, summarized in the Georgia Landlord-Tenant Handbook, caps deposits at two months' rent, requires their return within 30 days and requires a three-business-day notice to pay before a dispossessory filing.
What this means if you own a building here
Apartment buildings are scarce in Kennesaw and demand is tied to a large university, which supports occupancy, but a 36-mill tax rate and a high renter cost burden cap net income. The state transfer tax is $1 per $1,000. Skyline Capital Investments buys 5+ unit buildings in Kennesaw and across Cobb County. Try our cap rate calculator or see our sell your apartment building page.
Good To Know
Kennesaw Seller Checklist
Before you sell commercial property in Kennesaw, GA, here is what we look at first.
More about selling in Georgia →Investing in Kennesaw? See apartment syndications in Kennesaw →
- Inside Kennesaw, the 2025 Cobb County, Cobb school and city levies total 36.310 mills on 40% of value, about 1.45% of market value, including a 1.400-mill city bond levy.
- Kennesaw has only 2,791 units in 5+ unit buildings, and 1,235 of them are in complexes of 50 or more, so small apartment buildings are scarce and comparable sales are few.
- Over half of Kennesaw renter households, 51.8%, spend 30% or more of income on housing, a cost pressure buyers will weigh when modeling rent growth.
- Georgia preempts rent control, and the 2024 Safe at Home Act caps deposits at two months' rent and requires a three-business-day notice to pay before filing.
Seller Guides
Selling In Kennesaw? Common Situations We Handle
Learn More
Taxes & Rules For Kennesaw Property
The Georgia rules that shape any deal in Kennesaw: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Kennesaw Seller FAQ
What is the average rent in Kennesaw, GA?
The Census Bureau's 2020–2024 American Community Survey puts Kennesaw's median gross rent, including utilities, at $1,845 a month. HUD's FY2026 Fair Market Rents for the Atlanta-Sandy Springs-Roswell area are $1,660 for a one-bedroom and $1,820 for a two-bedroom, so the city median sits just above the two-bedroom figure.
How are apartment buildings taxed in Kennesaw?
Georgia assesses property at 40% of fair market value. Georgia Department of Revenue data for 2025 list Cobb County at 8.460 mills, the Cobb County School District at 18.700 and the City of Kennesaw at 7.750 plus 1.400 for bonds, for 36.310 mills. A $2 million building would owe about $29,000 a year, before any special district levy.
Does Kennesaw have rent control?
No. O.C.G.A. 44-7-19 bars Georgia cities and counties from regulating rent amounts on private rental property. State law governs deposits, notices and habitability.
What share of Kennesaw residents rent?
About 35.4%. The 2020–2024 American Community Survey counts 4,801 renter households out of 13,554 occupied homes. Students in dormitories are counted in group quarters, not as renter households.
What if my Kennesaw building has vacancies or deferred maintenance?
That is often where we add the most value. We buy buildings that need renovation, new management, or lease-up, and we account for that in our offer.
How does a sale to you work in Cobb County?
Send the address, unit count, and any financials. We give feedback, then a written letter of intent if it fits, followed by diligence and a closing date that works for you.
Who buys occupied rental property in Kennesaw?
We do. Skyline Capital Investments is a commercial real estate buyer of 5+ unit multifamily, and we buy apartment buildings with tenants in place, including properties with below-market rents.
How fast can I sell my apartment building in Kennesaw?
Most owners get clear feedback within 48 hours of sending the address, unit count, and a rent roll. Closing is typically set around your timeline, including extra time for a 1031 exchange.
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