Listed by MMG Real Estate Advisors, MMG
Unpriced
Briar Hill 563
Details
APN 13106D B001, 13106D B020, 13106D B031, 13106D B032, 13106D B033, 13106D B034, 13106D B035, 13106D B036, 13106D B037, 13106D B038, 13106D B039, 13106D B040, 13106D B041, 13106D B042, 13106D B043, 13106D B044, 13106D B045, 13106D B046, 13106D B047, 13106D B048, 13106D B049, 13106D B050, 13106D B051
Property Type Multifamily
Sub Type Apartment Building
Square Footage 107,650
Units 88
NOI $1,029,823
Occupancy 95.45%
Tenancy Multi
Pro-Forma NOI $772,656
Class B
Year Built 1986
Buildings 22
Stories 2
Acreage 8.680
Zoning RM
Parking Spaces 150 spaces
Parking Per SqFt 1.39
Investment Type Stabilized
Multifamily | 88 Units
Marketing description
MMG Real Estate Advisors is pleased to present the opportunity to acquire Briar Hill 563, an 88-unit multifamily community located in Riverdale, Georgia. The property has recently completed a successful lease-up, now operating at 95%+ occupancy with strong revenue growth and demonstrated operational stability. Significant capital improvements—both interior and exterior—have positioned the asset for continued performance with limited near-term capital requirements. With proven renovation premiums, multiple ancillary income opportunities, and additional land supporting future amenity expansion, Briar Hill 563 offers a clear and executable path to both immediate and long-term NOI growth.
Investment highlights
- Above-Average Unit Sizes Drive Tenant Retention & Premium Rents
- Clean Mid-1980s Product with a Low-Density Neighborhood
- Significant Interior & Exterior Capital Improvements Completed
- Additional Land Provides Amenity Expansion Potential
- Proven Value-Add Through Interior Renovations with $92/Unit Upside
- 95%+ Occupancy with Strong Revenue Growth & Financeability
- Opportunity to Develop 32 Additional Units (Ability to Add 32 Units– 8 Quads)
Listing Contacts
Listed by MMG Real Estate Advisors, MMG
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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$1,029,823.00
$85,818.58/mo
Valuation Metrics
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ROI
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Zoning
RM ResidentialMulti FamilyMultiple Family Residential
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View all 182 uses
View all 182 uses Last updated Feb 2, 2026 For deeper zoning details, reports are available at Zoneomics
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Property History
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