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Street View
$250,000
-- Bed
- -- Bath
--sqft
5066 Phillips Dr, Forest Park, GA 30297
$250,000
Get Pre-Approved
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 Reading- Houzeo last checked: 3 minutes ago
- Listing updated: September 4, 2026 at 8:49 pm
- Listing Provided by: | O. Realty, LLC (323) 829-9217
- Source: Georgia MLS-GA | MLS#: 10840639

Part of
Property 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
10840639
MLS Status
New
Days on Market
9
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