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Utoy Springs 1200 Utoy Springs Rd 34 Unit Apartment Building $4,100,000 ($120,588/Unit) Atlanta, GA 30331
INVESTMENT HIGHLIGHTS
- 34-unit multifamily asset with 6 vacancies
- Ideal for cash or bank-financed, prequalified buyers
- Located in a rapidly improving Atlanta submarket
- Strong lease-up potential and long-term upside
EXECUTIVE SUMMARY
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 9 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.
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.
PROPERTY FACTS
| Price | $4,100,000 | Apartment Style | Garden |
| Price Per Unit | $120,588 | Building Class | C |
| Sale Type | Investment | Lot Size | 2.30 AC |
| No. Units | 34 | Building Size | 28,600 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1965 |
| Zoning | C1 - Commercial | ||
| Price | $4,100,000 |
| Price Per Unit | $120,588 |
| Sale Type | Investment |
| No. Units | 34 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.30 AC |
| Building Size | 28,600 SF |
| No. Stories | 2 |
| Year Built | 1965 |
| Zoning | C1 - Commercial |
AMENITIES
UNIT AMENITIES
- Yard
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 19 | $1,050 | - |
| 2+1 | 15 | $1,250 | - |
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PROPERTY TAXES
| Parcel Number | 14F-0010-LL-042-6 | Improvements Assessment | $723,160 |
| Land Assessment | $187,000 | Total Assessment | $910,160 |
PROPERTY TAXES
Parcel Number
14F-0010-LL-042-6
Land Assessment
$187,000
Improvements Assessment
$723,160
Total Assessment
$910,160
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Presented by
Metro Atlanta Elite Realty Group, LLC
Utoy Springs | 1200 Utoy Springs Rd
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