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4663 Waldrop Dr
Forest Park, GA 30297
Value-Add MF | Short Term Financing Available · Multifamily Property For Sale
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136 Units
Investment Highlights
- This 137-unit apartment community provides a performing investment, with an on-site leasing office, a gated in-ground pool, and a gated playground.
- This up-and-coming neighborhood offers strong rental demand, with a growing 3-mile population of more than 156k and over 65% renting their homes.
- The easily accessible location offers convenient connections to I-75/I-85 and I-285, as well as the Atlanta Hartsfield International Airport.
- Community’s exterior renovations are completed, with approximately 65% of interior updates completed, providing upside for a value-add investor.
- A fantastic location places the community within walking distance of quality retail amenities, top-rated schools, and lush public parks.
Property Facts
| No. Units | 136 | Lot Size | 7.80 AC |
| Property Type | Multifamily | Building Size | 122,111 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1965 |
| Building Class | C | ||
| Zoning | RM - Residential | ||
| No. Units | 136 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 7.80 AC |
| Building Size | 122,111 SF |
| No. Stories | 2 |
| Year Built | 1965 |
| Zoning | RM - Residential |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- Laundry Facilities
- Property Manager on Site
- Tenant Controlled HVAC
- Smoke Free
- Public Transportation
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 16 | $1,175 | 900 |
| 2+1 | 120 | $1,350 | 1,100 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,831,523 | |
| Land Assessment | $202,800 | Total Assessment | $202,800 |
Property Taxes
Parcel Numbers
Land Assessment
$202,800
Improvements Assessment
$2,831,523
Total Assessment
$202,800
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