4843 Old Dixie Hwy., Forest Park, GA 30297
Photo 1 of 16
$1,275,000
Beds Baths Sq. Ft. Taxes Built
0.00 0 $21,000 1975
On the market: 11 days

Est. Monthly Payment:

$9,384($7,634 + $1,750 taxes*)

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APPROVED
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Fantastic property that has doubled in cashflow to $139k/yr in the past few years from over $305k in renovations. Property still has a LOT more value add potential to go. Property requires zero on-site staff, and only takes a couple hours a month of management visits for matters such as turnover or maintenance. All of the major systems have been updated such as underground sewer lines, entire roof replacements for 2/3 buildings, full gut job renovations, and adding more efficient thermostat-based air systems just to name a few. This property is also minutes to the Atlanta Harstfield-Jackson Airport, Forest Park Farmer's Market, numerous stores/restaurants, and is about 10 minutes to Southlake Mall which features numerous surrounding plazas. Unit makeup is 8x Studio/1BA, and 6x 1BR/1BA Apartments. Adjacent neighbors include Public Storage, and Georgia Power container bays inventory storage so it's fairly quiet.
Listing courtesy of Ivan Alfaro, Wynd Realty, LLC