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2959 Forrest Hills Dr SW
Atlanta, GA 30315
ZD Townhomes · Multifamily Property For Sale · 34 Units

INVESTMENT HIGHLIGHTS

  • Substantial Discount-to-Replacement
  • Strong Performance Trends
  • Strategic Location Witnessing Rapid Growth
  • Highly-Desired Investment Submarket
  • Major Economic Demand Generators
  • 18 units renovated in 2022 - 16 units renovated in 2011

PROPERTY FACTS

No. Units 34
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 1.33 AC
Building Size 31,000 SF
Average Occupancy 94%
No. Stories 2
Year Built/Renovated 1962/2022
Parking Ratio 7.18/1,000 SF
Zoning RG-2, Atlanta

AMENITIES

UNIT AMENITIES

  • Heating
  • Crown Molding
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Carpet

SITE AMENITIES

  • 24 Hour Access
  • Laundry Facilities
  • Playground
  • Property Manager on Site

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 10 $1,020 800
2+2 24 $1,350 950

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
14-0093-0004-151-6
Land Assessment
$170,000
Improvements Assessment
$912,400
Total Assessment
$1,082,400
  • Listing ID: 25513286

  • Date on Market: 4/20/2022

  • Last Updated:

  • Address: 2959 Forrest Hills Dr SW, Atlanta, GA 30315

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