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316 Columbia Dr
Carrollton, GA 30117
The Foundry · Multifamily Property For Sale
·
240 Units
Investment Highlights
- Multifaceted value-add opportunity located 1.08 miles from University of West Georgia and less than an hour from Atlanta
- Conversion to studio and two-bed | two-bath floorplans offers even more upside
- Exceptional effective rent growth
- Consistent enrollment At University Of West Georgia
- Amenity enhancements complement unit interior upgrades
- Strong market fundamentals with proximity to major employers
Property Facts
| No. Units | 240 | Building Size | 300,456 SF |
| Property Type | Multifamily | Average Occupancy | 85% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built | 2006 |
| Building Class | B | Parking Ratio | 2.09/1,000 SF |
| Lot Size | 45.31 AC | ||
| Zoning | R3 | ||
| No. Units | 240 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 45.31 AC |
| Building Size | 300,456 SF |
| Average Occupancy | 85% |
| No. Stories | 3 |
| Year Built | 2006 |
| Parking Ratio | 2.09/1,000 SF |
| Zoning | R3 |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Microwave
- Washer/Dryer
- Kitchen
- High Speed Internet Access
- Refrigerator
- Oven
- Sprinkler System
- Stainless Steel Appliances
- Range
- Tub/Shower
- Wi-Fi
- Wheelchair Accessible (Rooms)
Site Amenities
- 24 Hour Access
- Business Center
- Clubhouse
- Courtyard
- Fitness Center
- Pool
- Gated
- Tanning Salon
- Basketball Court
- Breakfast/Coffee Concierge
- Furnished Units Available
- Gameroom
- Grill
- Pet Play Area
- Trash Pickup - Door to Door
- Volleyball Court
- Roommate Matching
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 53 | - | 980 |
| 3+3 | 74 | - | 1,187 |
| 4+4 | 113 | - | 1,319 - 1,352 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $6,174,414 | |
| Land Assessment | $601,719 | Total Assessment | $6,776,133 |
Property Taxes
Parcel Numbers
Land Assessment
$601,719
Improvements Assessment
$6,174,414
Total Assessment
$6,776,133
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