34-Unit Multifamily Apartment
For Sale
Contact for pricing
Pending
2959 Forrest Hills Dr SW, Atlanta, GA 30315
34-unit complex with flats and townhouse-style units, including fully renovated units completed in 2022.
Property SizeContact for details
Days on Market133
Property Features for 2959 Forrest Hills Dr SW
General Information
Standard status
Pending
Property subtype
Multifamily
Occupancy
94%
Additional Details
Highway Access
Yes
Multifamily Units
34
Building Details
Year Built
1962
Year Renovated
2022
Tenancy
Multi
Listing Agency:
Realty ONE Group Terminus
(404) 635-6426
Listed By:
Adrian Provost · License #GA 78941
Source:
Crexi
Added: Apr 12
Changed: Aug 16
Last Checked: Aug 21 at 2:25PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty ONE Group Terminus
Investment Insights
Based on property information with market context.
This 34-unit multifamily apartment complex includes a mix of flats and townhouse-style homes. The property consists of ten 1-bedroom, 1-bath flats and twenty-four 2-bedroom, 1.5-bath townhouse-style units. Renovations were completed for 18 units in 2022, with remaining units updated as recently as 2011. The community is currently 94% occupied following completion of the most recent renovations.
The property is located just south of downtown Atlanta in the Aerotropolis submarket. It sits immediately east of Interstate 75 and just north of Hartsfield-Jackson Atlanta International Airport, the Porsche Experience Center, and the Gateway Center Arena. Access to major interstates is described as easy. Directly across the street is Forrest Hills Academy, a 6-12 charter school.
Built in 1962, the asset is positioned as an apartment community with phased improvements across its unit mix, supporting immediate leasing demand at the time of listing.
The property is located just south of downtown Atlanta in the Aerotropolis submarket. It sits immediately east of Interstate 75 and just north of Hartsfield-Jackson Atlanta International Airport, the Porsche Experience Center, and the Gateway Center Arena. Access to major interstates is described as easy. Directly across the street is Forrest Hills Academy, a 6-12 charter school.
Built in 1962, the asset is positioned as an apartment community with phased improvements across its unit mix, supporting immediate leasing demand at the time of listing.
Key Highlights
- 34‑unit multifamily community with a mix of 10 1 bed/1 bath flats and 24 2 bed/1.5 bath townhouse‑style units
- 18 units fully renovated in 2022; remaining units updated as recently as 2011
- Currently 94% occupied, with renovations just completed
Property Analytics
Property Profile
Current Use
Lease Details
34
Residential units
94%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
517
Businesses Nearby
Explore this area
Business Placement
Demographics for 30315, GA
34,327
Population
15,458
Households
2.2
Avg Household Size
34
Median Age
28%
College-Educated
82%
High-School Grad
11.5 sq mi
ZIP Area
2,985
Density / Sq Mi
$42,383
Median Household Income
$36,311
Median Earnings
$989
Median Rent
$266,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 34-unit complex with flats and townhouse-style units, including fully renovated units completed in 2022.
Where is this apartment building located?
The property is located at 2959 Forrest Hills Dr SW Atlanta, GA.
What are key features of this property?
This property features: 34‑unit multifamily community with a mix of 10 1 bed/1 bath flats and 24 2 bed/1.5 bath townhouse‑style units; 18 units fully renovated in 2022; remaining units updated as recently as 2011; Currently 94% occupied, with renovations just completed
