38 Fairburn Rd SW
Atlanta, GA 30331
Fairburn Village · Multifamily Property For Sale
·
20 Units

PROPERTY FACTS
No. Units | 20 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low-Rise |
Building Class | C |
Lot Size | 1.23 AC |
Building Size | 16,878 SF |
Average Occupancy | 100% |
No. Stories | 2 |
Year Built/Renovated | 1966/2018 |
Parking Ratio | 1.18/1,000 SF |
Zoning | RG2 |
AMENITIES
UNIT AMENITIES
- Heating
- Ceiling Fans
- Tile Floors
- Eat-in Kitchen
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Handrails
- Lawn
- Porch
- Window Coverings
SITE AMENITIES
- Courtyard
- Gas Range
- Public Transportation
ABOUT 38 FAIRBURN RD SW , ATLANTA, GA 30331
Legacy Properties is pleased to present the exclusive listing of Fairburn Court Apartments, a 20-unit investment opportunity in Fulton County Georgia. The complex is conveniently located off Interstate 20 just minutes from downtown Atlanta. The apartments are consistently 100% leased. Half of the units have had a complete upgrade and all units are very well maintained. The asset provides investors with a stable investment opportunity that will continue to appreciate as west Atlanta’s rapid growth and development continues. Also, this apartment complex has potential income growth with sub metering of water. Fairburn Road Apartments were built in 1966 and consists of three, two story buildings on approximately 1.23 acres and zoned RG-2. All the units are two bedrooms and one bath apartments featuring a full kitchen with a stove and refrigerator furnished. Upgraded units have waterproof laminate throughout and tile bathrooms. This complex provides central heat and air conditioning to each unit. The Current Owner invested a significant amount over the last couple of years to the interior and exterior of the property. The pictures provided are a mix of sample photos and actual unit photos. This listing will be shown by appointment only, do not disturb the tenants.
UNIT MIX INFORMATION
DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
---|---|---|---|
2+1 | 20 | $875.00 | 800 |
PROPERTY TAXES
Parcel Number | 14-0243-0003-047-6 | Improvements Assessment | $583,440 |
Land Assessment | $120,000 | Total Assessment | $703,440 |
Listing ID: 17595976
Date on Market: 10/31/2019
Last Updated:
Address: 38 Fairburn Rd SW, Atlanta, GA 30331
The West Atlanta Multifamily Property at 38 Fairburn Rd SW, Atlanta, GA 30331 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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