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Do Real Estate on the Go!
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$250,000
-- Bed
- -- Bath
--sqft
5066 Phillips Dr, Forest Park, GA 30297
$250,000
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Multi Family
Built in 1940
$-- HOA
11,761.2 sqft lot
--/sqft
Description
Discover a rare opportunity to acquire a fully stabilized 10-property single-family rental portfolio strategically located throughout South Atlanta and North Clayton County. This professionally managed portfolio offers immediate cash flow with an in-place 6.92% cap rate and approximately $202,000 in annual NOI. Each property has undergone extensive renovations, including roofs, HVAC systems, electrical, plumbing, kitchens, bathrooms, flooring, and other major capital improvements, significantly reducing near-term maintenance exposure. Assets are geographically concentrated within two efficient operational clusters, creating economies of scale and streamlined management. I...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1940
HOA Fees
-
Finished Area
- sqft
Lot Size
11,761.2 sqft lot
Basement Area
- sqft
MLS Name
Georgia MLS
MLS Number
10797102
MLS Status
Active
Days on Market
20
Cumulative Days on Market
14
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