Property History
Rare opportunity to purchase a true value-add multifamily deal in the popular north-metro Atlanta suburb of Smyrna. The property is currently approximately 60% occupied and is not stabilized and is being offered as a value-add opportunity with significant upside potential through lease-up and operational improvements. Please refer to the pro forma on page six for projected stabilized performance.
The complex consists of 14 spacious 1-bedroom/1-bath units, all with large eat-in kitchens. The majority of the current rents are well below market, allowing for significant upside for a new owner through lease-up and cosmetic interior improvements. All units feature central HVAC and separate water heaters. The property also offers ample off-street parking, a coin laundry room on-site, and a large basement area for storage.
Located just off S. Cobb Drive, the property sits approximately half a mile from Campbell HS and provides easy access to Downtown Smyrna, Truist Park/The Battery Atlanta, and I-285 and I-75.
- 14-unit multifamily complex in Smyrna, GA
- All 1 Bd/1 Ba units
- Value-add potential with below market rents
- All units have central HVAC and separate water heaters
- Large eat-in kitchens
- Off-street parking
- Close proximity to I-75, I-285 and Truist Park
- Large basement area for storage
- On-site coin laundry
Located just off South Cobb Drive, the property sits just half a mile from Campbell High School and has easy access to the Downtown Smyrna area, Truist Park/The Battery Atlanta and I-285 and I-75.
- 14-unit multifamily complex in Smyrna, GA
- All 1 Bd / 1 Ba units
- Value-add potential with below market rents
- All units have central HVAC and separate water heaters
- Large eat-in kitchens
- Off-street parking
- Close proximity to I-75, I-285 and Truist Park
- Large basement area for storage
- On-site coin laundry
Loan History
Financial History
Tax History
Contact Information
Ownership Information
Property Details
Contacts
Map
Comparable Properties
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