Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
RM10-MULTI-FAM RES · Peachtree Corners, GAZoning
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Zoning designation
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The district profile from the municipal source: what is on file for RM10-MULTI-FAM RES in Peachtree Corners, GA.
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