4663-4771 Waldrop Dr Forest Park, GA 30297
136-unit multifamily property in a high-growth area near Atlanta.
Building Details
- Year built
- 1965
Source:
Bullrealty
Listing Agent: Andy Lundsberg
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Value-Add Multifamily Opportunity
This multifamily property features 136 units and presents a value-add opportunity. The property is well-located within walking distance of retail, schools, and a park. It offers convenient access to I-75/I-85 and I-285, placing it in close proximity to the Atlanta Hartsfield International Airport and within minutes of Downtown Atlanta. Situated in an up-and-coming neighborhood experiencing strong rental demand, the property has completed exteriors and approximately 65% of interior renovations. This allows a new owner to realize significant value by completing the remaining interior work. Tenant amenities include an on-site leasing office, a gated in-ground pool, and a gated playground area.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Forest Park
- County
- Clayton
- State
- Georgia
- Longitude
- -84.365613
- Latitude
- 33.6269386
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 136-unit multifamily property in a high-growth area near Atlanta.
Where is this apartment building located?
The property is located at 4663-4771 Waldrop Dr Forest Park, GA.
What is the asking price?
The asking price for this property is $12,950,000.
What are key features of this property?
This property features: - Value-Add Potential: Significant opportunity to increase value by completing interior renovations on approximately 35% of the units.; - Well Located Asset: Walking distance to retail, schools, and a park, with easy access to major interstates and close proximity to Atlanta Hartsfield International Airport and Downtown Atlanta.; - Majority of Heavy Lifting Complete: Exteriors are completed and approximately 65% of interior renovations are finished.