Find Your New Condo Home at Park 108
108 Park Place, Decatur, GA 30030
The Park 108 Residences are a new community by Toll Brothers featuring 33 modern condominium residences in an existing 1930s historic Oakhurst building with oversized windows, lofted ceilings, and wide-plank hardwood flooring. These new residences are in the City of Decatur school district and located across the street from the East Lake MARTA station.
Three of the Park 108 residences are for sale through the Decatur Land Trust. One residence is an efficiency (studio) layout, and two residences are one-bedroom units. Income restrictions will apply, and buyers must meet lending requirements.
- Unit 205 | Studio | $214,500, (HOA fee $201.60) | View floorplan
- Unit 103 | One Bedroom | $229,800 (HOA fee $252.40) | View floorplan
- Unit 107 | One Bedroom | $229,800 (HOA fee $252.40) | View floorplan
Find Your New Home in Four Easy Steps
1. Ensure you’re at or below the maximum household income.
Home purchase is available to qualified households making a maximum of 120% Area Median Income as follows (see here for information on how to determine your household size):
2. Attend an online home purchase information session.
Online home purchase information sessions are held at 12:00 noon on the second Wednesday of each month via Zoom. The sessions take approximately 45 minutes and provide future homebuyers with information about the community land trust model.
3. Fill out an application
Click through to the online application form if you can answer these two questions:
- Is your household income at or below the levels indicated in #1?
- Have you attended a DLT Information Session?
4. Visit and tour available homes.
Upon completion of steps 1-3, a DLT representative will connect you with staff at Park 108 to schedule a time for viewing.
Down Payment Assistance
Ability to cover the required down payment should never present an obstacle for potential buyers. Down payment assistance is available through a variety of sources, including: Decide Dekalb; and the Decatur Land Trust.
Resale
In order to maintain affordability in perpetuity, financial appreciation realized by Land Trust homeowners over time is limited to 1.5% interest compounded annually for each year the property is occupied.
Accessibility
The Park 108 building is elevator-served and all units are accessible and visitable. ADA-related modifications within the units are not included.