Current Use by Public Records
- Journey of Wellness Natural Medicine Center, LLC / Alternative Medicine Practice
- FedEx Drop Box / Postal Service / Courier Service
- Lampgen Clinical Research / Research Institute
- Employee Benefit Consultants, LLC / Financial Advisor
- Transcendent Life Coaching Institute / Life Coach
Property Details for 4153 Flat Shoals Pkwy
- Property type
- Retail properties & Spaces
- Property subtype
- Apartment buildings
Description
This exceptional 25-unit apartment building, located at 4153 Flat Shoals Parkway, Building C, Decatur, Georgia 30034, presents a compelling investment opportunity. The property boasts a substantial 34,611 square feet and is currently operating at 100% occupancy, generating a strong Net Operating Income (NOI) of $96,435.32. The average rent per square foot is $1.43, reflecting a healthy market position. Key features include a magnificent lobby, ample parking, and key card access for enhanced security. All units benefit from newly installed air conditioning units, completed in 2023, ensuring comfort and efficiency. The property is classified as both retail and multifamily, offering potential for diverse income streams. Davis Bozeman serves as a key tenant, providing stability and reliability. This well-maintained building, situated in DeKalb County, represents a rare chance to acquire a high-performing asset in a desirable location. The asking price is $2,500,000. This property is offered for sale and presents a strong potential for significant return on investment. The property's prime location and strong tenant base make it an attractive proposition for discerning investors seeking a stable and profitable addition to their portfolio.
Value Estimations
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AI approach
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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
