417 Barton Dr
Forest Park, GA 30297
Waters Edge Apartments | 48 Units | Value-Add · Multifamily Property For Sale
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48 Units
Property Facts
| No. Units | 48 | Building Size | 40,776 SF |
| Property Type | Multifamily | Average Occupancy | 97% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built | 1971 |
| Building Class | C | Parking Ratio | 1.59/1,000 SF |
| Lot Size | 7.69 AC | ||
| Zoning | RM | ||
| No. Units | 48 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 7.69 AC |
| Building Size | 40,776 SF |
| Average Occupancy | 97% |
| No. Stories | 3 |
| Year Built | 1971 |
| Parking Ratio | 1.59/1,000 SF |
| Zoning | RM |
Amenities
Unit Amenities
- Dishwasher
- Heating
- Eat-in Kitchen
- Kitchen
- Oven
- Range
- Tub/Shower
- Walk-In Closets
- Family Room
Site Amenities
- Pond
About 417 BARTON DR , FOREST PARK, GA 30297
Bull Realty is pleased to present Waters Edge Apartments - a value-add, 48-unit apartment community in the Forest Park submarket of Atlanta. The property features a unit mix of (36) 2-bedroom, 1 bath units & (12) 1-bedroom, 1 bath units. These units are very spacious with 728 SF, 1-bedroom units and 850 SF, 2-bedroom units. All units have central HVAC and off-street parking. The property overlooks a large pond which provides a very relaxing and peaceful environment. Rental rates in Forest Park continue to increase, while the average rent at Waters Edge is below market rent at $582. Based on current market trends, there is room to increase unit rent and upside potential with cosmetic renovations. Please refer to the rent survey on page 13 for additional information. The community is 4.3 miles away from Hartsfield-Jackson Atlanta International Airport, with easy access to I-75, I-285 and I-85. The surrounding community and infrastructure support the airport and many dining, hospitality and businesses are in close proximity.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 12 | - | 728 |
| 2+1 | 36 | - | 850 |
Property Taxes
| Parcel Number | 13-0046C-00A-069 | Improvements Assessment | $1,225,840 |
| Land Assessment | $130,880 | Total Assessment | $1,356,720 |
Property Taxes
