Property profile

3846 Moran Way Peachtree Corners, GA 30092

OFF-MARKET
Residential income homes
Property ID
US22-4265823
4,712 SF 0.55 ac lot Built 1982
Individually Owned 1-yr Hold
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Property summary

AI-generated overview

This exceptional investment opportunity presents a four-unit multifamily property located at 3846 Moran Way, Peachtree Corners, Georgia, 30092. The property, built in 1982, boasts a total of 4,712 square feet and sits on a single lot. Currently operating at 100% occupancy with four units, each featuring two spacious bedrooms and one and a half bathrooms, this property offers significant income potential. Units C and D have recently undergone modern renovations, including new stainless steel appliances and LVP flooring. All units benefit from well-maintained HVAC systems and recently replaced carpeting (installed one year ago). The property includes eight parking spaces. The asking price is $1,000,000, representing a price per unit of $250,000 and a price per square foot of $212. The current Net Operating Income (NOI) is $74,929, yielding a 7.50% cap rate. A pro-forma NOI of $90,000 projects a 9.00% cap rate, highlighting the value-add potential through further rent increases. There are no homeowner's association fees or rent restrictions. All units are currently leased on a minimum 12-month basis. Showings are available during the due diligence period only, to respect the privacy of current tenants. The property's APN is R6305-036. This is a rare opportunity to acquire a well-maintained, high-performing multifamily property in a desirable location.

Property profile

Verified
Property type Residential income homes
Use group APARTMENT HOUSE (UNDER 5 UNITS)
Year built 1982
Construction WOOD
Total area 4,712 SF
Lot 0.55 ac (23,958 SF)
Zoning code RM10-MULTI-FAM RES
APN 6-305 -036
UPID US22-4265823

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3846 Moran Way Peachtree Corners, GA 30092-5272
Peachtree Corners metro Census 50335 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$865k
CAP Approach CAP
$1.06M
Comparable Approach Comparable
$545k
Blend (final) Blend
$940k

Owner & transaction history

since 2025
Last sale
$835,000
7 recorded transactions
2025
$975,000
2023
$835,000
2022
Price N/A
2020
$500,000
2019
$404,900
2017
Price N/A
2004
$298,000

Zoning & alternative use

RM10-MULTI-FAM RES · Peachtree Corners, GA
Top alternative use upside
Retail stores $1.3M +114.9%
Neighborhood: shopping center $1.2M +109.6%
Commercial (general) $1.2M +107.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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