Property History
Marcus & Millichap is pleased to present for sale a multifamily property located at 3000 Ember Drive in Decatur, Georgia. This property offers units with generous living spaces that have been upgraded with newer HVAC, plumbing, and electrical systems. Despite these recent improvements, there remains significant value-add potential. Implementing a lease-up strategy which includes turning several vacant units and aggressively marketing the vacant units will stabilize the complex. Strategic enhancements, such as installing smart home technology, completing the shared laundry facilities, and bringing the pool back online would further increase rental rates and boost overall property value. Additionally, implementing controlled entrance access would enhance security, making the property even more attractive to potential renters and elevating its status as a premium rental option.
Property Website: https://www.marcusmillichap.com/properties/166938/3000-ember
Property Video: https://youtu.be/zHml_B3sRsU
276-unit multifamily complex located in Panthersville, GA
Four floor plans that include: (56) 1 Bed/1 Bath, (82) 2 Bed/1 Bath, (68) 2 Bed/2 Bath and (70) 3 Bed/2 Bath units
Recently renovated (See below for details)
Opportunity for value-add opportunity
Located in a gated community
On-site parking for all units
Select units have washer and dryer hook ups and all buildings have laundry rooms
All units are electric
Community includes pool, basketball courts and on-site leasing office
Located in DeKalb County
Easy access to I-20 and I-285
Located 9 miles south from Downtown Atlanta and 12 miles north from Hartsfield-Jackson Atlanta International Airport
Property Website: https://www.marcusmillichap.com/properties/166938/3000-ember
Property Video: https://youtu.be/zHml_B3sRsU
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