Two markets, two stories of growth, and two destinations that show why location still drives lifestyle. Kennesaw, Georgia, and Brownsburg, Indiana, both part of Wilkinson’s Fund 17 portfolio, reflect exactly what we look for: vibrant, thriving economies, engaging public spaces, steady population growth, and long-term value opportunities for our investors.
3
min read
By
Kennesaw, Georgia: A Small Town with Big Momentum
Located along Atlanta’s I-75 corridor, one of Atlanta's most sought after communities, Kennesaw offers the perfect blend of small-town charm and big-city access. Downtown Kennesaw is on the move, with brick walkways, inviting restaurants, trendy shops, and community gathering spots like Depot Park and the Southern Museum, a Smithsonian affiliate. On weekends, farmers markets and local events bring neighbors together, giving the city a true sense of heart and connection.
It’s also home to Kennesaw State University, Georgia’s third-largest university, serving more than 45,000 students and fueling local economic activity. Residents can enjoy quiet, tree-lined streets and scenic parks, yet hop on I-75 and be in downtown Atlanta in under 30 minutes, blending convenience with comfort in a way few suburbs can match.
Cobb County, where Kennesaw sits, is a powerhouse of economic drivers. From Fortune 500 companies like The Home Depot and Genuine Parts Company, to the bustling Cumberland/Galleria office corridor and major developments like Truist Park and The Battery Atlanta, the county has welcomed over 48,000 new jobs over the past 12 years, through its existing business expansion programs, according to Georgia Trend, and continues to add several thousand a year.
It’s that rare mix; career opportunities, education, entertainment, and livability that makes Kennesaw such a magnetic place to visit or even to call home.
Our latest acquired property, Charlestowne, perfectly reflects that blend of energy and comfort.

Built in 1999, this boutique 184-unit community offers spacious layouts with high ceilings and a walkable connection to Kennesaw State University. We see tremendous opportunity here: refreshed interiors with modern touches like granite countertops and luxury vinyl plank flooring, upgraded amenities that bring people together, and a setting that already captures the best of suburban Atlanta living. It’s a community ready to shine even brighter, and one we’re excited to grow alongside.
View Charlestowne’s Property Deck here.
As Atlanta continues to expand, Kennesaw’s combination of vibrant community life, major population growth, and excellent connectivity makes it an ideal example of a market where lifestyle and opportunity go hand in hand.
Brownsburg, Indiana: Suburban Stability Meets Economic Strength
A short drive from downtown Indianapolis, Brownsburg is quietly becoming one of the Midwest’s most desirable suburbs, and for good reason. It’s been ranked among Indiana’s “Safest Suburbs” for its low crime rates, according to SmartAsset.
Brownsburg is where families feel safe, schools excel, and neighbors know each other by name. The town balances suburban charm with convenience, offering tree-canopied streets, local events like parades and Friday night football, and even attractions such as the Indianapolis Raceway Park.
Brownsburg offers that picture-perfect suburban charm with tree-canopied streets, friendly neighbors, and a community that still gathers for farmers markets, parades, and Friday night football. Families choose Brownsburg for its award-winning schools, while professionals love the easy commute to downtown Indianapolis and the town’s ever-growing restaurant and retail scene. It’s a place that feels both grounded and full of promise.
Here, we’ve acquired Legacy Park, a 250-unit garden-style apartment community built in 2009 in Hendricks County, one of the fastest-growing counties in the state. Nearly 38% of households within a 17 square mile radius of the property earn between $100,000 to $200,000 annually, according to Census Reporter, a strong indicator of the area’s economic health and renter quality.

Legacy Park fits right into this setting, a thoughtfully designed community where residents enjoy spacious homes, private entrances, and direct-access garages; it mirrors the comfort and quality of life the community provides. The resort-style pool, sundeck, fitness center, and even a golf simulator enhance the sense of living in a place that feels like a vacation every day, right in the heart of a thriving suburban community.
View Legacy Park's Property Deck here.
Legacy Park provides a clear path for rent growth and value creation. Current in-place rents average $1,526, while market rents are at $1,778, leaving a $252 per-unit opportunity for organic and renovation-driven growth. Current rents provide opportunity for growth, but more importantly, Legacy Park is situated in a community where people want to live, work, and raise families, a setting that truly embodies the lifestyle Brownsburg offers.
Why These Markets and Why Now
Both Kennesaw and Brownsburg reflect Wilkinson’s disciplined approach to market selection. We pursue communities with above-average population, job, and wage growth, diverse economic engines, and a balanced tenant-landlord environment, the kind of fundamentals that sustain performance across market cycles.
Atlanta and Indianapolis each represent metros with expanding employment bases, infrastructure investment, and an influx of residents seeking quality suburban living. These cities and their standout suburbs align perfectly with the dual Income and Growth strategy of our latest multifamily offering, Fund 17, which targets high-growth regions like these to deliver both steady cash flow and long-term appreciation.
Closing Thoughts
At Wilkinson, we don’t just invest in properties, we invest in markets that help people thrive. Kennesaw and Brownsburg are communities where families build futures, where stability meets opportunity, and where thoughtful investment can make a meaningful impact.
These two cities tell the same story: strong fundamentals, promising growth, and the potential to create positive outcomes.
That’s a story we’re proud to be part of, and one we invite you to join.
Interested in learning more about how Fund 17’s properties in Kennesaw and Brownsburg could fit into your passive investing goals? Let’s start a conversation about building long-term stability and legacy.
Book a time to talk with our team.
About the Author
David McKinney is the Managing Director and EVP of Investor Relations at Wilkinson. With over $2.5 billion in transactions completed during his tenure, David leverages his strategic insights and emotional intelligence to enhance client and team experiences. Beyond his professional endeavors, he is a husband and father, enjoying outdoor adventures in lakes and mountains near his home in Washington State, and he is actively involved in his community as a Rotarian, committee chair advisory board member, reflecting his commitment to leadership and service.
*This does not constitute an offer to sell or the solicitation of an offer to buy securities. Securities may be sold only to accredited investors and only through an offering memorandum. Wilkinson Corporation is not a law firm, accounting firm, or financial or investment advisor.There is no guarantee that any fund’s objectives, future results, levels of activity, performance, or plans will be achieved. All prospective investors should read the offering memorandum and consult with their own legal, accounting, tax, and financial advisors before deciding to invest.
