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Off market
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  • $1,327,200

    4855 College St, Forest Park, GA 30297

    --beds
    0baths
    800sqft
    MultiFamily
    Built in 1957
    -- sqft lot
    $1,327,200 Zestimate®
    $1,659/sqft
    $1,233 Estimated rent

    What's special

    Strong 16-unit Value-Add Opportunity in Atlanta's Aerotropolis Area (Forest Park). This asset can be purchased individually or as a portfolio of 30-units in Forest Park. Over $150+ in rental upside. After executing an interior value-add business plan an investor can potentially achieve a year one CAP rate of 9%+. This asset is located 3 miles from AtlantaGÇÖs Hartsfield Jackson Airport which is the busiest airport in the world.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Forced air, Electric
    Cooling
    • None
    Appliances
    • Included: Range / Oven, Refrigerator
    Interior area
    • Total interior livable area: 800 sqft

    Property

    Parking
    • Parking features: Off-street
    Features
    • Exterior features: Brick
    Lot
    • Size: 0.70 Acres
    Details
    • Parcel number: 13050BE003

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1957

    Utilities & green energy

    • Sewer: Sewer In Street
    • Water: Private Water

    Community & neighborhood

    Location
    • Region: Forest Park

    Other

    Other facts
    • Heating: Electric
    • NumberOfUnitsTotal: 16
    • WaterSewerExpense: 0
    • MaintenanceExpense: 0
    • StructureType: Multi Family
    • FarmLandAreaSource: Public Record
    • LotDimensionsSource: Public Records
    • ConstructionMaterials: Brick 4 Sided
    • WaterSource: Private Water
    • Sewer: Sewer In Street
    • ElectricExpense: 0
    • FuelExpense: 0
    • InsuranceExpense: 0
    • BeastPropertySubType: Multifamily
    • MlsStatus: Under Contract
    • TaxAnnualAmount: 6407
    • ListPriceLow: 1050000
    Services availability
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    An equal housing lender. NMLS #10287.