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The Reserve at Stockbridge 115 Rock Quarry Rd 88 Unit Apartment Building For Sale Stockbridge, GA 30281
INVESTMENT HIGHLIGHTS
- Assumable Debt – 35-year amortization schedule - attractive longterm cash-flow profile
- Limited Supply of apartment units within a one-mile radius – Supporting strong long-term demand
- Comprehensive Amenity Package – Swimming pool, playground, gym, clubhouse, and on-site leasing office for enhanced resident retention and community ap
- Strong Area Demographics – Median household income $64,741
- Desirable Unit Mix – Spacious 2-Bedroom / 1-Bath and 2-Bedroom/ 2-Bath floor plans appeal to a broad tenant base
EXECUTIVE SUMMARY
The Reserve at Stockbridge, located at 115 Rock Quarry Road, Stockbridge, GA 30281, offers investors a compelling opportunity to acquire an 88-unit, garden-style apartment community in a high-demand suburban Atlanta location. Built with an attractive mix of spacious 2-bedroom/1- bath and 2-bedroom/2-bath floor plans, the property aligns with Henry County’s family-oriented renter base. The property features resort-style amenities including a swimming pool, playground, fitness center, clubhouse, and on-site leasing office which support both tenant retention and rent integrity.
The assumable loan on a 35-year amortization schedule provides investors with a financing advantage, while the limited supply of apartment units within a one-mile radius underscores the asset’s long-term rent growth potential.
Strategically positioned in Henry County, one of Georgia’s fastest-growing counties, the property benefits from strong tenant demand driven by job growth, expanding retail corridors, and excellent access to Interstate 75, connecting residents to the Atlanta metropolitan area.
The Reserve at Stockbridge is well-positioned for investors seeking stable cash flow, long-term appreciation, and multiple levers for performance enhancement in one of metro Atlanta’s most dynamic submarkets.
Offering Memorandum & Property Listing: https://www.marcusmillichap.com/properties/176151/reserve-at-stockbridge
The assumable loan on a 35-year amortization schedule provides investors with a financing advantage, while the limited supply of apartment units within a one-mile radius underscores the asset’s long-term rent growth potential.
Strategically positioned in Henry County, one of Georgia’s fastest-growing counties, the property benefits from strong tenant demand driven by job growth, expanding retail corridors, and excellent access to Interstate 75, connecting residents to the Atlanta metropolitan area.
The Reserve at Stockbridge is well-positioned for investors seeking stable cash flow, long-term appreciation, and multiple levers for performance enhancement in one of metro Atlanta’s most dynamic submarkets.
Offering Memorandum & Property Listing: https://www.marcusmillichap.com/properties/176151/reserve-at-stockbridge
PROPERTY FACTS
| Sale Type | Investment | Lot Size | 11.28 AC |
| No. Units | 88 | Building Size | 91,996 SF |
| Property Type | Multifamily | Average Occupancy | 86% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1987 |
| Building Class | B | Parking Ratio | 2/1,000 SF |
| Zoning | R3 - Residential | ||
| Sale Type | Investment |
| No. Units | 88 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 11.28 AC |
| Building Size | 91,996 SF |
| Average Occupancy | 86% |
| No. Stories | 2 |
| Year Built | 1987 |
| Parking Ratio | 2/1,000 SF |
| Zoning | R3 - Residential |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Fireplace
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Range
- Tub/Shower
- Sunroom
- Walk-In Closets
- Carpet
- Dining Room
- Vinyl Flooring
- Window Coverings
SITE AMENITIES
- Clubhouse
- Fitness Center
- Picnic Area
- Playground
- Pool
- Property Manager on Site
- Package Service
- Maintenance on site
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 32 | - | 965 |
| 2+2 | 56 | - | 1,076 |
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PROPERTY TAXES
| Parcel Number | 0S27-01-008-000 | Improvements Assessment | $6,194,423 CAD |
| Land Assessment | $774,010 CAD | Total Assessment | $6,968,433 CAD |
PROPERTY TAXES
Parcel Number
0S27-01-008-000
Land Assessment
$774,010 CAD
Improvements Assessment
$6,194,423 CAD
Total Assessment
$6,968,433 CAD
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The Reserve at Stockbridge | 115 Rock Quarry Rd
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