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25-Unit Apartment Complex
For Sale
$2,350,000

3627 Forrest Park Road Southeast, Atlanta, GA 30354

Apartment property with central HVAC, community laundry, and ongoing unit renovations.

Property Size19,982 SF
Days on Market147

Property Features for 3627 Forrest Park Road Southeast

General Information

Standard status Active
Size 19,982 SF
Property subtype Multi-Family

Building Details

Building Size 19,982 SF
Year Built 1973
Units 25
Listing Agency: Bull Realty
Listed By: Andy Lundsberg · License #256959
Source: Commercialcafe
Added: Apr 7 Changed: Aug 30 Last Checked: Aug 30 at 3:20AM

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 Bull Realty

Investment Insights

Based on property information with market context.

Built in 1973, this 25-unit apartment property includes a majority of two-bedroom residences with eat-in kitchens, generous closet space, and separate water heaters. Units are all electric and feature central HVAC. A community laundry facility serves the property, while additional rear land is currently unused. Several units have been renovated as they became available, and completed property improvements include exterior doors, windows, insulation, steel stairs and railings, concrete walkways, paving, and selected HVAC work.

The complex is located at 3627 Forrest Park Road Southeast in Atlanta, near retail, I-285, Atlanta International Airport, and Lake Charlotte Nature Preserve. The surrounding setting includes single-family residences and wooded areas. Current occupancy is approximately 60%, with interior renovations still in progress and the property being offered as a value-add apartment opportunity.

Key Highlights

  • 25‑unit apartment complex built in 1973
  • Majority of units are 2‑bedroom apartments
  • Current occupancy of ~60%

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm Electrical Service (Bike/Boat/Book/etc) Store Garden 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

151
Businesses Nearby

Demographics for 30354, GA

16,151
Population
7,274
Households
2.2
Avg Household Size
34
Median Age
24%
College-Educated
84%
High-School Grad
10.7 sq mi
ZIP Area
1,509
Density / Sq Mi
$53,932
Median Household Income
$38,185
Median Earnings
$1,221
Median Rent
$229,600
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?
Apartment building - Apartment property with central HVAC, community laundry, and ongoing unit renovations.
Where is this apartment building located?
The property is located at 3627 Forrest Park Road Southeast Atlanta, GA.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: 25‑unit apartment complex built in 1973; Majority of units are 2‑bedroom apartments; Current occupancy of ~60%
More about this property
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