Atlanta 11 Property SFR Portfolio 11 Multifamily Properties Offered at $3,150,000 in Multiple Locations
INVESTMENT HIGHLIGHTS
- 11 Total Units
- $1,813 Average Monthly Rent
- $239,316 Gross Rent
- 100% Occupancy Rate
EXECUTIVE SUMMARY
Unique opportunity to acquire stabilized portfolio of single-family rental (SFR) properties in the Atlanta area, one of the nation’s most sought-after markets for investors and homeowners alike.
The portfolio consists of attractive and well-maintained homes with modern features and amenities which attract a qualified and stable tenant base. The assets enjoy a 100% occupancy rate and with an average monthly rent of $1,813, they don’t suffer from affordability issues and retain significant rent growth upside potential.
All occupied units are currently rented to Section 8 tenants, which provides a reliable stream of long-term income and strong protection against credit losses. Tenants are responsible for paying their gas and electric bills.
The Atlanta housing market is one of the nation’s most attractive, driven by significant population growth (expected to continue for decades to come) and strong employment credentials, while the SFR asset class is one that remains untapped and provides unique growth prospects over the long run.
For more information, please sign and return the appropriate confidentiality agreement (attached).
The portfolio consists of attractive and well-maintained homes with modern features and amenities which attract a qualified and stable tenant base. The assets enjoy a 100% occupancy rate and with an average monthly rent of $1,813, they don’t suffer from affordability issues and retain significant rent growth upside potential.
All occupied units are currently rented to Section 8 tenants, which provides a reliable stream of long-term income and strong protection against credit losses. Tenants are responsible for paying their gas and electric bills.
The Atlanta housing market is one of the nation’s most attractive, driven by significant population growth (expected to continue for decades to come) and strong employment credentials, while the SFR asset class is one that remains untapped and provides unique growth prospects over the long run.
For more information, please sign and return the appropriate confidentiality agreement (attached).
PROPERTY FACTS
| Price | $3,150,000 |
| Price / SF | $184.03 / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 11 |
| Individually For Sale | 0 |
| Total Building Size | 17,117 SF |
| Total Land Area | 3.09 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 474 Center Hill Ave NW, Atlanta, GA 30318 | Multifamily | 1,800 SF | 1955 | - |
| 1116 Northwest Dr NW, Atlanta, GA 30318 | Multifamily | 1,646 SF | 1930 | - |
| 1324 Almont Dr SW, Atlanta, GA 30310 | Multifamily | 1,690 SF | 1948 | - |
| 1417 Graymont Dr SW, Atlanta, GA 30310 | Multifamily | 1,393 SF | 1945 | - |
| 1279 Kenilworth Dr, Atlanta, GA 30310 | Multifamily | 2,072 SF | 1960 | - |
| 1080 Valley View Rd SE, Atlanta, GA 30315 | Multifamily | 1,600 SF | 1959 | - |
| 4176 Indian Forest Rd, Stone Mountain, GA 30083 | Multifamily | 1,422 SF | 1969 | - |
| 1496 Meadowlark Dr, Decatur, GA 30032 | Multifamily | 2,200 SF | 1980 | - |
| 501 Aberdeen Dr NW, Atlanta, GA 30318 | Multifamily | 942 SF | 1950 | - |
| 612 Center Hill Ave NW, Atlanta, GA 30318 | Multifamily | 1,205 SF | 1940 | - |
| 1089 Indale Pl SW, Atlanta, GA 30310 | Multifamily | 1,147 SF | 1960 | - |
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