7234 Tara Blvd | Jonesboro, GA 30236
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- LoopNet Team
7234 Tara Blvd
Jonesboro, GA 30236
Monterey Apartments · Multifamily Property For Sale
·
49 Units
INVESTMENT HIGHLIGHTS
- Stable tenant base, resulting from the area’s sustained regional demand for prime workforce housing, ensures dependable occupancy and rental income.
- Units have central HVAC and in-unit washer and dryer hookups, meeting modern tenant expectations and enhancing long-term retention.
- Minutes away, the Southlake Mall redevelopment will drive additional economic growth, job creation, and retail traffic to the surrounding area.
- Near national retailers, medical centers, and high-traffic logistics hubs, creating a strong employment base and consistent housing demand.
- Strong in-place cash flow is supported by high occupancy, with operational inefficiencies that present clear opportunities for income growth.
- Within a quiet neighborhood, the community offers immediate access to Interstate 75, providing swift connectivity around the Atlanta metro.
PROPERTY FACTS
| No. Units | 49 | Building Size | 58,682 SF |
| Property Type | Multifamily | Average Occupancy | 96% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Townhome | Year Built/Renovated | 1972/2020 |
| Building Class | C | Parking Ratio | 1.23/1,000 SF |
| Lot Size | 4.60 AC | ||
| Zoning | MX | ||
| No. Units | 49 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 4.60 AC |
| Building Size | 58,682 SF |
| Average Occupancy | 96% |
| No. Stories | 2 |
| Year Built/Renovated | 1972/2020 |
| Parking Ratio | 1.23/1,000 SF |
| Zoning | MX |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Cable Ready
- Microwave
- Heating
- Kitchen
- High Speed Internet Access
- Refrigerator
- Oven
- Tub/Shower
- Carpet
- Family Room
- Patio
- Smoke Free
- Window Coverings
SITE AMENITIES
- 24 Hour Access
- Property Manager on Site
- Tenant Controlled HVAC
- Smoke Free
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1.5 | 49 | - | 1,150 |
PROPERTY TAXES
| Parcel Number | 13-0178A-00C-001 | Improvements Assessment | $1,864,662 |
| Land Assessment | $202,400 | Total Assessment | $2,067,062 |
PROPERTY TAXES
Parcel Number
13-0178A-00C-001
Land Assessment
$202,400
Improvements Assessment
$1,864,662
Total Assessment
$2,067,062
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