968 Sexton Dr | Stone Mountain, GA 30083
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- LoopNet Team
968 Sexton Dr
Stone Mountain, GA 30083
Colonial Park Apartments · Multifamily Property For Sale · 22 Units
INVESTMENT HIGHLIGHTS
- A great Value Add investment in a sub-market positioned for rapid development in Stone Mountain.
- Currently 100% occupied
- Leasing office Potential laundry room area Ceramic tile tub surrounds Window blinds Tile floor on remodeled units Separate dining room area
- Over 25% market-rate conversion immediate upside potential. New leases are already leased at Proforma rents.
- Laundry connections in most units Window blinds All kitchens supplied with stove, fridge and dishwasher Mature landscape
- Fenced Property Security Cameras
PROPERTY FACTS
| No. Units | 22 | Building Size | 17,650 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built | 1972 |
| Building Class | B | Parking Ratio | 2.15/1,000 SF |
| Lot Size | 3.80 AC |
| No. Units | 22 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | B |
| Lot Size | 3.80 AC |
| Building Size | 17,650 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1972 |
| Parking Ratio | 2.15/1,000 SF |
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Washer/Dryer Hookup
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Carpet
- Dining Room
SITE AMENITIES
- Fenced Lot
- Property Manager on Site
- Public Transportation
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | $775.00 | - |
| 2+1 | 18 | $870.00 | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $625,808 | |
| Land Assessment | $148,752 | Total Assessment | $774,560 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$148,752
Improvements Assessment
$625,808
Total Assessment
$774,560
ZONING
| Zoning Code | A |
| A |
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