3460 Mount Zion Rd Stockbridge, GA 30281

This exceptional 17-unit apartment building, located at 3460 Mount Zion Road in Stockbridge, Georgia (zip code 30281), presents a compelling value-add investment opportunity. The property consists of thirteen leased townhomes and three vacant units, offering immediate cash flow and potential for increased revenue. Each unit boasts an average of 1,858 square feet, featuring three bedrooms and two-plus bathrooms. Built between 2021 and 2022, the property benefits from its recent construction and strong rental demand. The asking price is $3,900,000, representing a price per unit of $300,000. The property's pro-forma NOI is $314,172, yielding an 8.05% cap rate. Situated within a thriving community boasting over 135,000 residents with an average household income exceeding $72,878 within a five-mile radius, the property benefits from strong demographics and projected annual population growth of 1.6%. Its convenient location, less than a mile from retail and restaurant options, and close proximity to I-75 for easy access to Atlanta, further enhances its appeal. The property is also located in the Clayton County School District. This investment offers diversification potential within a robust housing and rental market. The three vacant units provide a clear path for value enhancement and increased profitability.