4153 Flat Shoals Pkwy Decatur, GA 30034
- Retail properties
- 10,369 SF
Current Use by Public Records
- Journey of Wellness Natural Medicine Center, LLC / Herbal Medicine Store / Holistic Medicine Practitioner
- FedEx Drop Box / Mailing Service
- Lampgen Clinical Research / Research Institute
- Employee Benefit Consultants, LLC / Financial Consultant
- Transcendent Life Coaching Institute / Life Coach
Property Details for 4153 Flat Shoals Pkwy
- Property size
- 10,369 SF
- Property type
- Retail properties
- Property subtype
- Apartment buildings
Description
This exceptional four-unit apartment building, located at 4153 Flat Shoals Parkway, Building B, Decatur, Georgia 30034, presents a compelling investment opportunity. The property boasts a total of 10,369 square feet and currently enjoys 100% occupancy, generating a substantial net operating income (NOI) of $98,986.69. Each unit averages $1.49 per square foot in rent. Key features include key card access, a magnificent lobby, and newly installed AC units in 2023. The building benefits from ample parking and a significant tenant in Emory Hospital, ensuring consistent rental income. Situated in DeKalb County, this property offers convenient access to local amenities and major transportation routes. The asking price is $1,650,000, representing a strong return on investment for discerning buyers. This is a rare opportunity to acquire a well-maintained, high-performing multifamily asset in a desirable location. The property is classified as both retail and multifamily, offering flexibility and potential for future growth. The building's strong occupancy rate and established tenant base make it an attractive investment for both seasoned and new investors seeking a stable and profitable asset.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Decatur
- County
- DeKalb
- State
- Georgia
- Longitude
- -84.2547
- Latitude
- 33.6877
