This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
2717 Shell Bark Rd
Decatur, GA 30035
Arborside Apartment Homes · Multifamily Property For Sale · 149 Units
PROPERTY FACTS
| No. Units | 149 | Building Size | 221,696 SF |
| Property Type | Multifamily | Average Occupancy | 56% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1971/2003 |
| Building Class | C | Parking Ratio | 1.33/1,000 SF |
| Lot Size | 25.60 AC |
| No. Units | 149 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 25.60 AC |
| Building Size | 221,696 SF |
| Average Occupancy | 56% |
| No. Stories | 2 |
| Year Built/Renovated | 1971/2003 |
| Parking Ratio | 1.33/1,000 SF |
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Fireplace
- Washer/Dryer
- Washer/Dryer Hookup
- Security System
- Hardwood Floors
- High Speed Internet Access
- Refrigerator
- Satellite TV
- Tub/Shower
- Views
- Wheelchair Accessible (Rooms)
Site Amenities
- Business Center
- Clubhouse
- Picnic Area
- Playground
- Breakfast/Coffee Concierge
- Grill
- Maintenance on site
About 2717 Shell Bark Rd , Decatur, GA 30035
Key property highlights: 149 unit apartment complex built in the 1970s in Atlanta's growing East Dekalb sub-market. Property is 90% occupied today Very large floorplans and favorable unit mix - average unit size at Snapfinger is over 1,500sqft and over 70% of the units are large 2,3, and 4 bedroom townhomes. Property is located next door to a 210 unit community (Heritage Reserve) that was recently acquired by an out of town sponsor, who was able to lift rents by nearly 20% over an 18 month period to $1,150 per unit (95c/ft) while concurrently reducing vacancy by 500bps YoY.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 28 | - | 847 - 990 |
| 2+1 | 17 | - | 1,156 |
| 2+2 | 46 | - | 1,524 - 1,564 |
| 3+2 | 45 | - | 1,740 |
| 4+4 | 13 | - | 2,079 - 2,377 |
PROPERTY TAXES
| Parcel Number | 16-009-01-005 | Improvements Assessment | $5,358,800 |
| Land Assessment | $90,000 | Total Assessment | $5,448,800 |
PROPERTY TAXES
zoning
| Zoning Code | RM100 (Residential, Multifamily) |
| RM100 (Residential, Multifamily) |
Learn More About Investing in Apartment Buildings
