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

Property Facts
| No. Units | 20 | Building Size | 16,878 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1966 |
| Building Class | C | Parking Ratio | 1.18/1,000 SF |
| Lot Size | 1.23 AC | ||
| Zoning | RG2 | ||
| 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
| Parcel Number | 14-0243-0003-047-6 | Improvements Assessment | $987,040 |
| Land Assessment | $120,000 | Total Assessment | $1,107,040 |
Property Taxes
Listing ID: 5577096
Date on Market: 1/24/2017
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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