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    Chestnut Lane Apartments Opportunity
    Updated: Apr 3
    Chestnut Lane Apartments Opportunity

    82-A Berry Ave, Newnan, GA 30263

    $7,500,000
    Transition to market‑rate operations offers potential for increased rental income.
    Located in Newnan, GA, a rapidly growing Atlanta submarket.
    Attractive cap rate presents a compelling acquisition opportunity.
    USDA Rural Development affordability restrictions have expired.
    Existing tenants receive RD‑issued tenant‑based vouchers providing a temporary income bridge.
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Newnan, GA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    8-Unit Apartment Building
    8-Unit Apartment Building

    3556 Main Street, Atlanta, GA 30337

    $1,399,900
    0.53 AC lot

    Fully renovated 8-unit apartment building on a 0.526-acre lot with central heating, central air, and public utilities.

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    Apartment Building with Pond
    Apartment Building with Pond

    6250 Feldwood Road, Atlanta, GA 30349

    $325,000
    2.92 AC lot

    Apartment building on a 2.92-acre lot with a pond, offering three separate entries and a quasi-triplex setup.

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    Townhome Multifamily Community
    Townhome Multifamily Community

    7234 TARA BLVD, Jonesboro, GA 30236

    Contact for pricing
    49 sqft 4.60 AC lot

    Forty-nine townhome units across six two-story buildings, built in 1972 and partially renovated in 2020.

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    Multifamily Apartment Building
    Multifamily Apartment Building

    118 Stockbridge RD, Jonesboro, GA 30236

    $799,000

    For sale multifamily apartment building in Jonesboro, positioned near the Clayton County Courthouse and Historic Downtown district.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Greenville Development Opportunity: 1.33 Acres
    Greenville Development Opportunity: 1.33 Acres

    71 Salters Road, Greenville, SC 29607

    $650,000
    1.33 AC lot

    1.33 acre parcel suitable for multi-family development near downtown.

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    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

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    Ocean Springs Highway 90 Land
    Ocean Springs Highway 90 Land

    Bienville Blvd, Ocean Springs, MS 39564

    $675,000
    143,748 sqft 3.30 AC lot

    3.3 acre commercial land on Highway 90, Ocean Springs.

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    Waterfront Multifamily Land Parcel
    Waterfront Multifamily Land Parcel

    141 104TH Avenue, Treasure Island, FL 33706

    $2,225,000
    0.34 AC lot

    Waterfront residential lot on a canal with multifamily zoning allowing up to five units.

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    Newnan, GA Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Newnan, GA on our real estate platform.

    Sale prices for two-family homes in Newnan, GA average $7,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 99K
    Population Growth (5Y) +7.0%
    Median Household Income $89,277
    College Educated 25.0%

    Taxes & Financing

    Tax Rate (average for all types) 2.27%
    Property Tax per SF $54.08 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Coweta County

    New Delisted

    Total CRE Inventory on Market (SF)

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