This Multifamily Property is no longer advertised on LoopNet.com.
2001 Old Concord Rd
Smyrna, GA 30080
Arbors at Smyrna · Multifamily Property For Sale
·
361 Units

INVESTMENT HIGHLIGHTS
- Located in Cobb County, a highly-desirable north Atlanta location with high growth rates and strong demographics.
- 97% of units are unrenovated providing further value-add opportunity
- The current owner spent $1.9M+ in recent capex, which includes a new fitness center.
- The Arbors at Smyrna apartments feature market-superior one-, two-, and three-bedroom floorplans averaging a spacious 1,184 SF, 76% are townhomes
- High occupancy with 20 tenant waitlist through October 2021.
- Within a three-mile radius of the property, the median household income is $56,577 according to Claritas. Located in Federal Opportunity Zone
PROPERTY FACTS
No. Units | 361 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Garden |
Building Class | C |
Lot Size | 26.24 AC |
Building Size | 402,590 SF |
Average Occupancy | 91% |
No. Stories | 2 |
Year Built/Renovated | 1967/1995 |
Parking Ratio | 0.5/1,000 SF |
Zoning | RM-12 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Kitchen
- High Speed Internet Access
- Refrigerator
- Range
- Carpet
- Patio
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Playground
- Property Manager on Site
- Tennis Court
- Gated
- Laundry Service
- Pet Play Area
- Maintenance on site
UNIT MIX INFORMATION
DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
---|---|---|---|
1+1 | 32 | - | - |
2+2 | 140 | - | - |
3+2 | 34 | - | - |
2+1 | 155 | - | - |
LINKS
PROPERTY TAXES
Parcel Numbers |
Multiple
|
Improvements Assessment | $20,928,656 |
Land Assessment | $4,237,344 | Total Assessment | $25,166,000 |
Listing ID: 23945363
Date on Market: 8/20/2021
Last Updated:
Address: 2001 Old Concord Rd, Smyrna, GA 30080
The Multifamily Property at 2001 Old Concord Rd, Smyrna, GA 30080 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
MULTIFAMILY PROPERTIES IN NEARBY NEIGHBORHOODS
- Westside Atlanta Apartment Buildings
- Midtown Atlanta Apartment Buildings
- Buckhead Apartment Buildings
- Cumberland/Galleria Apartment Buildings
- Downtown Atlanta Apartment Buildings
- Old Fourth Ward Apartment Buildings
- Midtown Garden District Apartment Buildings
- West End Apartment Buildings
- English Avenue Apartment Buildings
- Peachtree Heights Apartment Buildings
- Battery Park Apartment Buildings
- Downtown Marietta Apartment Buildings
- Downtown Acworth Apartment Buildings
- Dixie Hills Apartment Buildings
- Hunter Hills Apartment Buildings