Exceptional 16-unit apartment building in the heart of College Park, just steps from the prestigious Woodward Academy, downtown College Park, shopping, and only minutes to Hartsfield-Jackson International Airport. This fully renovated property has roughly 177k in NOI. The community features 12 spacious 2-bed/1-bath units and 4 well-designed studios. All units were fully upgraded in 2022 with quartz countertops, stainless steel appliances, Nest thermostats, and modern finishes. Most water heaters and HVAC systems are also nearly new, providing long-term efficiency and reduced maintenance. Currently, every unit except the model is leased to high-quality tenants, as units rarely sit empty due to high demand for good apartments. The property includes 28 dedicated parking spaces, a large maintenance shed, fiber-optic wiring, and a crawl space foundation that reduces upkeep expenses. This is a turnkey, stabilized asset that combines modern renovations with a strong tenant base in a high-demand location. A prime opportunity for investors seeking reliable returns, strong appreciation potential, and cash flow from day one.
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Listing Snapshot
Price
$2,500,000
Days On Site
5 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.872 Acres
Year Built
1972
MLS® Number
7760118
Status
Active
Property Tax
$13,742
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
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Recent Activity
6 days ago
Listing first seen on site
6 days ago
Listing updated with changes from the MLS®
General Features
Acres
0.872
Green Energy Efficient
Appliances
Levels
One
Number Of Stories
1
Parking
DrivewayParking LotSee Remarks
Security
Carbon Monoxide Detector(s)
Sewer
Public Sewer
Utilities
Cable AvailableElectricity AvailableNatural Gas AvailablePhone AvailableSewer AvailableWater Available
Water Source
Public
Interior Features
Cooling
Central Air
Flooring
CarpetHardwood
Furnished
Unfurnished
Heating
Electric
Window Features
Insulated Windows
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Exterior Features
Construction Details
Wood Siding
Fencing
None
Lot Features
Corner Lot
Roof
Shingle
View
Rural
Waterfront Features
Other
Waterview
Rural
Windows/Doors
Insulated Windows
Community Features
Community Features
SidewalksStreet Lights
Schools
School District
Unknown
Elementary School
Parklane
Middle School
Paul D. West
High School
Tri-Cities
Listing Courtesy Of: Hardeman Team of Hardeman Real Estate LLC
Broker: 678-608-2546
Prefer Ph#:Offers@hardemanre.com
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