This Multifamily Property is no longer advertised on LoopNet.com.

38 Fairburn Rd SW
Atlanta, GA 30331
Fairburn Court Apartments · 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 1966
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

This 20 unit garden apartment with all 2 Bed/1 Bath units provide an investor with the ability to acquire and improve this value-add opportunity. This property will see an immediate upside improvement in cash flow, by bringing current rents up to market. A potential $80 average rental increase per unit. Property enjoys several recent upgrades, including a new roof, plumbing upgrades and new HAVC units. Motivated Seller!! Fairburn Court is situated in the heart of Atlanta's Southwest that has seen strong growth over the past decade. The Fairburn Court Apartments is located just minutes from major shopping centers and several neighborhood retail shops and restaurants in the immediate area. This premier location has strong rental demand and is just minutes from Downtown Atlanta, Lionel Hampton Park, and some of the most established and historic neighborhoods. Easy accessibility to I-285 at MLK Jr. Drive allows for convenience to all parts of Metro Atlanta.

Property Taxes

Property Taxes

Parcel Number
14-0243-0003-047-6
Land Assessment
$120,000
Improvements Assessment
$987,040
Total Assessment
$1,107,040
  • Listing ID: 5577096

  • Date on Market: 1/24/2017

  • Last Updated:

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

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