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Three-Unit Condo Portfolio
For Sale
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5965 Parkway North Blvd, Cumming, GA 30040

Three single-tenant condos are offered for sale, each with about five years remaining on its lease.

Property SizeContact for details
Days on Market122

Property Features for 5965 Parkway North Blvd

General Information

Standard status Active
Property subtype Office
Listing Agency: Sands Investment Group
Listed By: Andrew Ackerman · License #GA 311619
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 5:47PM

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 Sands Investment Group

Investment Insights

Based on property information with market context.

This three-unit condo portfolio consists of separate single-tenant condo units, each with landlord responsibilities including taxes, maintenance, insurance, and a condo fee. The offering is presented as an exclusive sale by Sands Investment Group.

The property is located in the Atlanta Metropolitan Area at 5965 Parkway North Blvd in Cumming, GA.

All three condos have just under five years remaining on their respective leases, with 3% annual increases described for the leases.

Key Highlights

  • 3‑unit condo portfolio in the Atlanta metropolitan area
  • Each condo is single‑tenant with landlord responsibilities for taxes, maintenance, insurance, and condo fee
  • Each condo has just under 5 years remaining on its lease

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage Electrical Service (Bike/Boat/Book/etc) Store Auto Parts Store HVAC Service Locksmith

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

766
Businesses Nearby

Demographics for 30040, GA

81,191
Population
27,642
Households
2.9
Avg Household Size
38
Median Age
55%
College-Educated
93%
High-School Grad
57.7 sq mi
ZIP Area
1,407
Density / Sq Mi
$133,028
Median Household Income
$60,926
Median Earnings
$1,883
Median Rent
$474,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Triplex - Three single-tenant condos are offered for sale, each with about five years remaining on its lease.
Where is this triplex located?
The property is located at 5965 Parkway North Blvd Cumming, GA.
What are key features of this property?
This property features: 3‑unit condo portfolio in the Atlanta metropolitan area; Each condo is single‑tenant with landlord responsibilities for taxes, maintenance, insurance, and condo fee; Each condo has just under 5 years remaining on its lease
More about this property
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