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Stone Mountain Turnkey Investment Opportunity
For Sale
Under Contract
$309,900

5432 Windfern Court, Stone Mountain, GA 30088

MULTI_FAMILY - Stone Mountain, GA

Lot Size0.26 Acres
Days on Market133

Property Features for 5432 Windfern Court

General Information

Property type Residential Multi Family
Property subtype Other
Parking 7
Parking features Driveway
Window features Double Pane Windows
Fencing Fenced
Subdivision Windfern Forest
Elementary school Redan
Middle school Stephenson
High school Redan
Directions From Downtown Atlanta, take I-20 East to I-285 North. Exit at Memorial Drive (Exit 41) and turn right. Continue approximately 5 miles, then turn left onto N Hairston Rd. Turn right onto Central Dr, then left onto Windfern Ct. The property will be on your right. GPS Friendly
Standard status Active Under Contract
APN 16 035 01 272
Lot size 0.26 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2666

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Central, Forced Air
Cooling system Central Air, Ceiling Fan(s)
Water source Public

Building Details

Year built 1984
Floors in Building 2
Number of units 7
Flooring type Laminate, Carpet
Building materials Vinyl Siding
Roof type Composition
Listing Agency: Weichert, Realtors - The Collective
Listed By: Jordan Barreto · License #403808
Added: Mar 20 Changed: Jul 28 Last Checked: Jul 30 at 11:06AM
MLS# 7738200

Copyright © 2026 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located in Stone Mountain, Georgia, this turnkey investment property at 5432 Windfern Court presents an opportunity for immediate cash flow. The property is a fully operational co-living space generating approximately $6,000+ per month in gross rental income. Conveniently located with easy access to I-285, Memorial Drive, and US-78, it provides a quick commute to Downtown Atlanta, Decatur, and major employment hubs including Emory, CDC, and surrounding healthcare and logistics centers. Nearby MARTA bus routes enhance accessibility for tenants. The property is situated on a 0.26-acre lot. Its location offers proximity to Stone Mountain Park, shopping, dining, and everyday conveniences, making it a desirable location for consistent rental demand. This property is ideal for investors seeking strong income, tenant demand, and long-term growth potential in Metro Atlanta.

Key Highlights

  • Turnkey co‑living property generating $6,000+ per month in gross rental income (14%+ Cap rate).
  • Excellent location with easy access to I‑285, Memorial Drive, and US‑78 for quick commutes.
  • High tenant demand due to proximity to Stone Mountain Park, shopping, and dining.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Kitchen & Bath Showroom Big Box & Wholesale Store Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

223
Businesses Nearby

Demographics for 30088, GA

27,945
Population
11,627
Households
2.4
Avg Household Size
37
Median Age
29%
College-Educated
93%
High-School Grad
7.8 sq mi
ZIP Area
3,583
Density / Sq Mi
$64,734
Median Household Income
$38,607
Median Earnings
$1,438
Median Rent
$208,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully operational co-living property near Atlanta with immediate cash flow.
Where is this apartment building located?
The property is located at 5432 Windfern Court Stone Mountain, GA.
What is the asking price?
The asking price for this property is $309,900.
What are key features of this property?
This property features: Turnkey co‑living property generating $6,000+ per month in gross rental income (14%+ Cap rate).; Excellent location with easy access to I‑285, Memorial Drive, and US‑78 for quick commutes.; High tenant demand due to proximity to Stone Mountain Park, shopping, and dining.
More about this property
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