4711 Bishop Ming Boulevard, Stone Mountain, GA 30088

Building Details

Year Built

2005

Listing agent Ramon Garcia

Listing office Bull Realty, Inc. - Atlanta R***@bullrealty.com Show Phone

Listing date Nov 25, 2025

Source Bullrealty

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, Inc. - Atlanta

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Overview

Antioch Manor Apartments, a 120-unit age-restricted community, presents an opportunity for acquisition. Built in 2005, the property is well-occupied and offers immediate cash flow with multiple value-add components. Situated on approximately 10.16 acres, the community features a unit mix of 6 studios, 48 one-bed/one-bath units, 48 two-bed/one-bath units, and 18 two-bed/two-bath units. The property was appraised for $12,200,000 in 2020. Currently, five water-damaged units are under renovation and not included in the existing cap rate. An experienced operator may be able to adjust operating costs to align with the market and increase rents up to program limits. The property is conveniently located near healthcare facilities, retail centers, and major transportation routes.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Daycare Center Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Stone Mountain

County

DeKalb

State

Georgia

Longitude

-84.1964

Latitude

33.7379

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FAQs

What type of property is this?

Apartment building - 120-unit age-restricted community with value-add components.

Where is this apartment building located?

The property is located at 4711 Bishop Ming Boulevard Stone Mountain, GA.

What is the asking price?

The asking price for this property is $7,850,000.

What are key features of this property?

This property features: Significant value‑add potential through expense optimization and rent increases.; Immediate cash flow from a well‑occupied, 120‑unit age‑restricted community.; **Below market pricing** of $7,850,000 compared to a 2020 appraisal of $12,200,000.