2717 Shell Bark Rd | Decatur, GA 30035
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2717 Shell Bark Rd
Decatur, GA 30035
Arborside Apartment Homes · Multifamily Property For Sale · 149 Units
Investment Highlights
- The property benefits from quick access to I-20 (165,000 vehicles per day) and I-285 (186,000 vehicles per day) and easy access to MARTA.
- The current owner spent over $2.2M in capex since 2020.
- Opportunity to burn off over $300,000 in loss to lease.
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 | 1971/2018 |
| 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 | 1971/2018 |
| 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
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 44 | - | 847 - 1,582 |
| 2+1 | 16 | - | 1,156 |
| 2+2 | 1 | - | 1,582 |
| 3+2 | 14 | - | 1,524 - 1,740 |
| 4+4 | 74 | - | 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
Parcel Number
16-009-01-005
Land Assessment
$90,000
Improvements Assessment
$5,358,800
Total Assessment
$5,448,800
zoning
| Zoning Code | RM100 (Residential, Multifamily) |
| RM100 (Residential, Multifamily) |
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