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Roger "The Realtor" Philmon

rogerphilmon@comcast.net +1(404) 966-4764

$300,000

Est. payment - /mo

5,662 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Farlinger

MLS Listing ID 10780028

HOA Y/N No

Year Built 1930

Annual Tax Amount $1,561

Tax Year 2025

Lot Size 5,662 Sqft

Acres 0.13

Lot Dimensions 5662.8

Property Sub-Type Multi Family

Source Georgia MLS 2

Property Description

Discover a rare opportunity to acquire a fully stabilized 10-property single-family rental portfolio strategically located throughout South Atlanta and North Clayton County. This professionally managed portfolio offers immediate cash flow with an in-place 6.92% cap rate and approximately $202,000 in annual NOI. Each property has undergone extensive renovations, including roofs, HVAC systems, electrical, plumbing, kitchens, bathrooms, flooring, and other major capital improvements, significantly reducing near-term maintenance exposure. Assets are geographically concentrated within two efficient operational clusters, creating economies of scale and streamlined management. Ideal for institutional buyers, family offices, 1031 exchange investors, and portfolio operators seeking stabilized income-producing assets in high-demand rental submarkets. Complete offering memorandum, financials, and data room available upon request. Portfolio Sale Only. This property is one of ten income-producing rental assets offered as part of a bulk portfolio acquisition. Individual sales are not available.

Location

State GA

County Fulton

Rooms

Bedroom Description No

Basement Crawl Space

Interior

Heating Central

Cooling Central Air

Fireplace No

Exterior

Parking Features Assigned

Garage Spaces 1.0

Community Features None

Utilities Available Electricity Individual Meters, Sewer Connected, Water Individual Meters

View Y/N No

Total Parking Spaces 1

Garage No

Private Pool No

Building

Faces GPS

Sewer Public Sewer

Water Public

Structure Type Press Board

New Construction No

Schools

Elementary Schools Briar Hills

Middle Schools Paul D West

High Schools Tri Cities

Others

HOA Fee Include None

Tax ID 14 016300130462

Acceptable Financing 1031 Exchange, Other

Listing Terms 1031 Exchange, Other

Special Listing Condition Updated/Remodeled

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Roger "The Realtor" Philmon

+1(404) 966-4764

Agent | License ID: 253024

Agent License ID: 253024

1827 Dunlap AVE East Point, GA 30344

Roger "The Realtor" Philmon

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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