Value-Add Multifamily
4663-4771 Waldrop Dr, Forest Park, GA 30297
136-unit multifamily property in a high-growth area.
Type:Multifamily
- Added:
- Mar 6, 2026
- Days on Market:
- 71
- Last Refresh:
- Apr 6 at 12:59 am
Property Features for 4663-4771 Waldrop Dr
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Building Details
- Year Built
- 1965
Listing agent Andy Lundsberg (404) 876-1640
Listing office Bull Realty (404) 876-1640
Listing date Mar 6, 2026
Source Tcnworldwide
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
HighLights
- Multifamily Opportunity: Large 136‑unit complex.
- Well Located Asset: Walking distance to retail, schools, and a park, with convenient access to major highways and close proximity to Atlanta Hartsfield International Airport and Downtown Atlanta.
- Majority of Heavy Lifting Complete: Exterior renovations are finished, and approximately 65% of interior renovations are already completed.
- Value‑Add Potential: Significant opportunity to increase value by completing interior renovations on approximately 35% of the units.
- High Growth Area: Located in an up‑and‑coming neighborhood with strong rental demand.
- Tenant Amenities: Includes on‑site leasing office, gated in‑ground pool, and gated playground area.
Overview
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, and is located within minutes of Downtown Atlanta. The property is also in close proximity to Atlanta Hartsfield International Airport. Exterior work is complete, and approximately 65% of the interior renovations have been finished, leaving substantial opportunity for a new owner to complete the remaining interior work. Tenant amenities include an on-site leasing office, a gated in-ground pool, and a gated playground area. The property is situated in an up-and-coming neighborhood with strong rental demand.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Forest Park
- County
- Clayton
- State
- Georgia
- Longitude
- -84.3656
- Latitude
- 33.6269
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 136-unit multifamily property in a high-growth area.
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: Multifamily Opportunity: Large 136‑unit complex.; Well Located Asset: Walking distance to retail, schools, and a park, with convenient access to major highways and close proximity to Atlanta Hartsfield International Airport and Downtown Atlanta.; Majority of Heavy Lifting Complete: Exterior renovations are finished, and approximately 65% of interior renovations are already completed.
