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2711 Fairlee Drive
Decatur, GA 30032 ·

26 Units · Multifamily For Sale

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Normandy Village Apartments

Price N/A Cap Rate 9.17%
No. Units 26 No. Stories 2
Building Size 19,774 SF Year Built 1968
Property Type Multifamily Lot Size 2.38 AC
Property Sub-type
Garden/Low-Rise
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  • Multifamily (land)
Parking Ratio 1.50 / 1,000 SF
Property Use Type Investment
Listing ID: 13816338 Date Created: 11/28/2003 Last Updated: 11/17/2004

Description

26 spacious 1-bedroom units in a rapidly re-developing area near East Lake. New homes across the street are selling in the low $200s. All units have central heat & air, lots of closet space, private deck or patio. New roof one year ago & all units were refurbished with paint, carpet, countertops, vinyl flooring in kitchen. Includes extra space that could be converted into laundry for additional income. Land area is 2.38 acres, zoned RM85, so up to 33 units could be built.

Residential area just off Memorial Drive.

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2711 Fairlee Drive, Decatur, GA 30032 (DeKalb County)

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