3846 Moran Way Peachtree Corners, GA 30092-5272
Property profile & analytics
3846 Moran Way Peachtree Corners, GA 30092-5272
- Residential income homes
- 4,712 SF
- 0.55 lot acres
Property ID
US22-4265823
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Residential income homes
Property Details for 3846 Moran Way
- Year built
- 1982
- Construction
- WOOD
- Lot size
- 0.55 lot acres
- Property size
- 4,712 SF
- Zone code
- RM10-MULTI-FAM RES
- Property type
- Residential income homes
- Property subtype
- Small apartment buildings
- APN
- 6-305 -036
- APU
- 6305036
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $940,000
- ML approach
- $865,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,140,000
- 6.5%
- $1,055,000
- 7%
- $980,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $545,000
Market price range: $490k - $904k -
Alternative Use
- Use
- Estimation
- APARTMENT HOUSE (5+ UNITS)
- $590,000 Current use
- RETAIL STORES
- $1,275,000 Change: +115% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $1,240,000 Change: +110% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $1,230,000 Change: +107% Conversion: Moderate
- OFFICE BUILDING
- $1,150,000 Change: +94% Conversion: Moderate
- WAREHOUSE, STORAGE
- $755,000 Change: +27% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Peachtree Corners
- County
- Gwinnett
- State
- Georgia
- Longitude
- -84.2551
- Latitude
- 33.9622
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,973
$70,000
$130,000
$200,000
-
$175,000
$325,000
$500,000
