Question 1

What is the typical lease term?

Accepted Answer

12 months beginning August 15, 2027 and ending July 31, 2028

Question 2

Can I sign a lease for fewer than 12 months?

Accepted Answer

Short term rentals are no longer available

Question 3

What is an installment?

Accepted Answer

For your convenience, your contract is based on a total amount divided into 12 equal installments. Installments commence on August 1st and end the following July 1st unless you choose to renew your lease for another year.

Question 4

How do I pay each installment?

Accepted Answer

Installments can be paid via Venmo, Cash App, or Zelle.

Question 5

How much is each installment?

Accepted Answer

Each installment is $1,525/suite. Unlike other student housing properties that charge additional monthly fees for parking, trash, pest control, and utility processing, these items do not cost extra at 991 Hampton. Once you account for the additional monthly fees charged at other new student housing properties near Georgia Tech (Whistler, Hub, Theory Interlock), you’ll see they are much more expensive than 991 Hampton.

Question 6

What is included in my installment?

Accepted Answer

PARKING! There is a paved parking court behind the home with 4 dedicated parking spaces plus ample space for additional vehicles to park in the driveway. If desired, 2 permits allowing 24-hour parking on Hampton Street are available at no additional cost. These will come in handy for those times when you want to entertain in the parking court and need to park vehicles offsite. Fully-furnished unit, including the largest bedrooms in the market Wi-Fi internet service Security/fire alarm monitoring Full-size washer and dryer in a walk-in laundry room 65” smart TV Pest control Trash/recycling curbside pickup

Question 7

What is not included in my installment?

Accepted Answer

Utilities &ndash; water and electricity are divided evenly among each resident Rental insurance &ndash; Each resident is required to provide third-party insurance coverage.

Question 8

Is onsite parking available?

Accepted Answer

There are 4 paved parking spaces behind the home plus ample space for additional vehicles to park in the driveway. If desired, 24-hour parking on Hampton Street is available at no additional cost, which comes in handy for those times when you want to entertain in the parking court and need to park vehicles offsite.

Question 9

Does parking cost extra?

Accepted Answer

Nope. Unlike other student housing properties that charge an additional $75 to $400 per onsite parking space, parking is already included in the installment amount.

Question 10

If I don’t need to park a vehicle onsite, can my installment be lower?

Accepted Answer

No. If you don’t have a vehicle, feel free to use your parking space for an outdoor grill, game area, or entertainment space.

Question 11

What type of furniture and appliances come with the home?

Accepted Answer

Your bedroom suite is furnished with a queen-size bed, butcher’s block desk, study chair, bookshelves, bedside table, ceiling fan, and solar screens on windows. A connection for a TV is provided in each bedroom. Your living room is furnished with a 65″ wall-mounted smart TV, sofa, side table, coffee table, ceiling fan, and solar screens on windows. Your kitchen has a stainless steel appliance package, including a refrigerator/freezer with water/ice dispenser, as well as 5 stools at the dining island. Your walk-in laundry room has side-by-side laundry equipment with 2 rows of shelving above.

Question 12

What fees will I be charged that aren’t included in my installment?

Accepted Answer

Application Fee (non-refundable) – $250 per resident – This one-time fee covers the cost of background checks, credit checks, utility setup, etc. and is paid at the time you submit an application. Your guarantor is not required to pay a separate application fee. Security Deposit (refundable) – One installment (i.e. one month rent) per resident is due at time of move-in and is refundable at the end of your lease term.

Question 13

How do I lease the home?

Accepted Answer

Feel free to call us and ask any questions prior to submitting an application. We are here to help make you feel at home! Once you have a group of 5 applicants ready to apply, download, complete, and submit the resident applications and guarantor applications found on the &ldquo; APPLY NOW &rdquo; page, then pay the application fee. Once your application is approved, we will send lease agreements for your signature and separate lease guaranty agreements for the guarantors to sign.

Question 14

What is the average monthly cost of utilities?

Accepted Answer

While the cost of electricity and water depend on actual usage, each resident should budget $50 to $60 per month for water and electricity. Given the appliances are Energy Star rated, the lighting is LED, the interior and exterior walls are fully-insulated, and the rooms have solar shades, the energy bill at 991 Hampton will be much lower than any other comparably-sized house in Home Park.

Question 15

Do you require renter’s insurance?

Accepted Answer

Each resident is required to provide third-party insurance coverage.

Question 16

What type of security do you provide?

Accepted Answer

Surveillance cameras and flood lights are installed on all 4 corners of the home. Both exterior doors are equipped with Schlage keypad entries. Each resident will be given a unique keypad code so there is a record of anyone entering the home. Suite doors are secured with a Schlage lock and deadbolt with keyed entry. Each resident will be provided 2 keys upon move-in. The home, including exterior doors and ground level windows, is equipped with a security/fire alarm system that is monitored by a third party. The Georgia Tech Police Department, located at 965 Hemphill Ave NW , is less than 1 minute from the home. Given the large number of Georgia Tech students living in Home Park, the Georgia Tech Police Department often patrols Home Park.

Question 17

Do you allow pets?

Accepted Answer

This is a pet free property.

Question 18

How do I request maintenance?

Accepted Answer

Text or call us and we&rsquo;ll respond quickly. The house was built in 2024 so maintenance issues are minimal.

Question 19

What is the mailing address?

Accepted Answer

991 Hampton Street NW Atlanta, Georgia 30318

Question 20

How do I set up and pay for utilities?

Accepted Answer

No need for you to deal with setting up utilities. We got you! Just reimburse us each month for your share of the utilities when we send you the bill, which will include copies of the water and electrical bills from the City of Atlanta and Georgia Power, respectively.

Question 21

Is Co-Ed living allowed?

Accepted Answer

Of course!

Question 22

What happens to me if my roommate does not pay installments?

Accepted Answer

You are only responsible for your own installments, which means you don’t have to worry about your roommates paying on time.

Question 23

Do you require a guarantor?

Accepted Answer

Most college students won’t meet the income and credit qualifications on their own so having a guarantor allows us to qualify you for a lease based on your guarantor’s income.

Question 24

How many properties does Home Park Rentals manage?

Accepted Answer

Our only property at this time is 991 Hampton. However, we are actively pursuing additional properties in Home Park.

FAQ