500 Hambrick Rd | Stone Mountain, GA 30083
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500 Hambrick Rd
Stone Mountain, GA 30083
Park@500 · Multifamily Property For Sale
·
556 Units
INVESTMENT HIGHLIGHTS
- Built in 1972 and renovated in 2015, The Life at Clifton Glen is a desirably sized asset consisting of 556 units providing economies of scale.
- Units feature washer/dryer connections, patio or balcony, and total electric utilities.
- Composed of one-, two-, three- and four- br units featuring some of the largest floorplans in the submarket which avg 1,325SF.
PROPERTY FACTS
| No. Units | 556 | Construction Status | Under Renovation |
| Property Type | Multifamily | Building Size | 736,640 SF |
| Property Subtype | Apartment | Average Occupancy | 37% |
| Apartment Style | Garden | No. Stories | 2 |
| Building Class | B | Year Built/Renovated | 1972/2026 |
| Lot Size | 62.80 AC | Parking Ratio | 1.63/1,000 SF |
| Zoning | RM100 - Multi-family residential | ||
| No. Units | 556 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 62.80 AC |
| Construction Status | Under Renovation |
| Building Size | 736,640 SF |
| Average Occupancy | 37% |
| No. Stories | 2 |
| Year Built/Renovated | 1972/2026 |
| Parking Ratio | 1.63/1,000 SF |
| Zoning | RM100 - Multi-family residential |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Washer/Dryer Hookup
- Granite Countertops
- Walk-In Closets
- Wi-Fi
- Patio
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- Clubhouse
- Fitness Center
- Laundry Facilities
- Picnic Area
- Playground
- Gated
- Grill
- Laundry Service
- Pet Play Area
- Wi-Fi
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 40 | - | 776 |
| 2+2 | 260 | - | 1,200 |
| 3+2 | 208 | - | 1,500 |
| 4+2 | 48 | - | 1,700 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $25,910,804 | |
| Land Assessment | $1,570,796 | Total Assessment | $27,481,600 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,570,796
Improvements Assessment
$25,910,804
Total Assessment
$27,481,600
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