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2900 Camp Creek Pky
College Park, GA 30337
Altair Estates · Multifamily Property For Sale
·
280 Units
Investment Highlights
- 25% rental upside
- Ability to bring 37 “down” units back online adding over $500,000 in gross potential rent
- Located in a designated opportunity zone
- Privately owned and operated for the past 12 years
- Attractive unit mix of spacious 1BR and 2BR units
- Only 5 minutes away from Camp Creek Marketplace which is home to dozens of national brand restaurants, retail and services
Property Facts
| No. Units | 280 | Building Size | 257,880 SF |
| Property Type | Multifamily | Average Occupancy | 46% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built | 1970 |
| Building Class | C | Parking Ratio | 1.32/1,000 SF |
| Lot Size | 23.06 AC | ||
| Zoning | C1, College Park | ||
| No. Units | 280 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 23.06 AC |
| Building Size | 257,880 SF |
| Average Occupancy | 46% |
| No. Stories | 3 |
| Year Built | 1970 |
| Parking Ratio | 1.32/1,000 SF |
| Zoning | C1, College Park |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Fireplace
- Heating
- Ceiling Fans
- Kitchen
- Refrigerator
- Range
- Carpet
Site Amenities
- Clubhouse
- Laundry Facilities
- Picnic Area
- Playground
- Pool
- Property Manager on Site
- Gated
- Grill
- Laundry Service
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 143 | - | 840 |
| 2+1 | 25 | - | 980 |
| 2+1.5 | 56 | - | 1,000 |
| 2+2 | 56 | - | 1,020 |
Property Taxes
| Parcel Number | 14-0224-LL-048-1 | Improvements Assessment | $1,640,000 |
| Land Assessment | $1,560,000 | Total Assessment | $3,200,000 |
Property Taxes
Parcel Number
14-0224-LL-048-1
Land Assessment
$1,560,000
Improvements Assessment
$1,640,000
Total Assessment
$3,200,000
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