Utoy Springs 1200 Utoy Springs Rd 34 Unit Apartment Building $4,100,000 ($120,588/Unit) 7.32% Cap Rate Atlanta, GA 30331

Located in one of Atlanta’s emerging residential corridors, 1200 Utoy Springs Road presents a compelling opportunity to acquire a 34-unit multifamily asset with immediate upside potential. With 6 units currently vacant, investors can capitalize on lease-up momentum in a submarket experiencing steady growth and revitalization.
The property is offered at $4.1 million, with ownership seeking cash or bank-financed offers only—no owner financing will be considered. This is a prime opportunity for prequalified buyers looking to secure a value-add asset in a market with rising rental demand and improving infrastructure.
Situated in southwest Atlanta, the property benefits from proximity to major employment centers, MARTA access, and a growing mix of retail and residential development. The area is attracting attention from both local and out-of-state investors due to its affordability, connectivity, and long-term growth trajectory.
Whether repositioned for market-rate tenants or stabilized for long-term income, 1200 Utoy Springs offers a strong foundation for multifamily investment in a city ranked among the top metros for population growth and rental absorption.