Fully Occupied Apartment
For Sale
$875,000
4843 Old Dixie Highway, Forest Park, GA 30297
1980-built multifamily property with recent roof, plumbing, electrical, and apartment renovations.
Property SizeContact for details
Days on Market36
Property Features for 4843 Old Dixie Highway
General Information
Standard status
Active
Property subtype
Multi-Family
Occupancy
100%
Net Operating Income
$140,000
Additional Details
Cap Rate
9%
Building Details
Year Built
1980
Listing Agency:
Entera Realty, LLC
(678) 677-5056
Listed By:
Jeffrey Knight
(678) 677-5056
Source:
Northrealtygeorgia
Added: Jul 26
Changed: Aug 28
Last Checked: Aug 28 at 10:19AM
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 Entera Realty, LLC
Investment Insights
Based on property information with market context.
This apartment property was built in 1980 and is currently 100% occupied. Major capital work completed during the past three years includes roof replacement or upgrades, plumbing and electrical improvements, and extensive renovations to most apartments. The property operates without on-site staff, supporting a lean management structure.
The asset is located at 4843 Old Dixie Highway in Forest Park, Georgia, near the Atlanta airport. The site includes room to expand existing buildings or add additional buildings, while coin-operated laundry is identified as another potential improvement. The property is presented at a 9% cap rate.
The asset is located at 4843 Old Dixie Highway in Forest Park, Georgia, near the Atlanta airport. The site includes room to expand existing buildings or add additional buildings, while coin-operated laundry is identified as another potential improvement. The property is presented at a 9% cap rate.
Key Highlights
- 100% occupied apartment property
- 9% cap rate
- 1980 construction with major work completed during the past 3 years
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
555
Businesses Nearby
Explore this area
Business Placement
Demographics for 30297, GA
29,669
Population
11,438
Households
2.6
Avg Household Size
33
Median Age
13%
College-Educated
75%
High-School Grad
11.0 sq mi
ZIP Area
2,697
Density / Sq Mi
$45,975
Median Household Income
$34,330
Median Earnings
$1,144
Median Rent
$121,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - 1980-built multifamily property with recent roof, plumbing, electrical, and apartment renovations.
Where is this apartment building located?
The property is located at 4843 Old Dixie Highway Forest Park, GA.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: 100% occupied apartment property; 9% cap rate; 1980 construction with major work completed during the past 3 years
