This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
40 Amanda Dr
Lithonia, GA 30058
The Retreat at Stonecrest Apartments · Multifamily Property For Sale
·
276 Units
PROPERTY FACTS
| No. Units | 276 | Building Size | 288,010 SF |
| Property Type | Multifamily | Average Occupancy | 86% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built | 2003 |
| Building Class | B | Parking Ratio | 1.49/1,000 SF |
| Lot Size | 15.36 AC | ||
| Zoning | RM75, County | ||
| No. Units | 276 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 15.36 AC |
| Building Size | 288,010 SF |
| Average Occupancy | 86% |
| No. Stories | 3 |
| Year Built | 2003 |
| Parking Ratio | 1.49/1,000 SF |
| Zoning | RM75, County |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Storage Space
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Kitchen
- Granite Countertops
- Vaulted Ceiling
- High Speed Internet Access
- Ice Maker
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Views
- Walk-In Closets
- Carpet
- Smoke Free
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- 24 Hour Access
- Business Center
- Clubhouse
- Courtyard
- Fitness Center
- Laundry Facilities
- Picnic Area
- Playground
- Pool
- Property Manager on Site
- Gated
- Breakfast/Coffee Concierge
- Grill
- Package Service
- Planned Social Activities
- Smoke Free
- Wi-Fi
- Maintenance on site
- Online Services
- Sundeck
ABOUT 40 AMANDA DR , LITHONIA, GA 30058
This top-of-the-market asset is situated in east metropolitan Atlanta and is convenient to large employers, including the Snapfinger Industrial District and a planned $200M sports complex. Effective rents for the immediate submarket have grown by more than 42% since 2010, and given a five-mile radius of Retreat at Stonecrest, zero units have been delivered in the past 10 years. These incredible supply demand dynamics will translate to compelling growth that can be enhanced by elevating the property's interior finishes to meet market demand. Retreat at Stonecrest is an excellent opportunity to acquire a true value-add investment, where in-place rents lag the comps by more than $180, well below replacement cost.
PROPERTY TAXES
| Parcel Number | 16-137-05-002 | Improvements Assessment | $18,048,000 |
| Land Assessment | $752,000 | Total Assessment | $18,800,000 |
PROPERTY TAXES
