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

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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

MAP

ADDITIONAL PHOTOS

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View Photo Fairburn handrails jan 2019
View Photo 38 Fairburn kit marketing
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View Photo 38 Fairburn lr marketing
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View Photo 38 Fairburn bath marketing
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  • Listing ID: 17595976

  • Date on Market: 10/31/2019

  • Last Updated:

  • Address: 38 Fairburn Rd SW, Atlanta, GA 30331

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