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Utoy Springs 1200 Utoy Springs Rd 34 Unit Apartment Building $5,169,216 CAD ($152,036 CAD/Unit) 7.89% Cap Rate Atlanta, GA 30331
Investment Highlights
- 34-unit multifamily asset with 4 vacancies
- Ideal for cash or bank-financed, prequalified buyers
- Located in a rapidly improving Atlanta submarket
- Strong lease-up potential and long-term upside
Executive Summary
Located in one of Atlanta’s emerging residential corridors, 1200 Utoy Springs Road presents a compelling opportunity to acquire a 34-unit multifamily asset with immediate upside potential. With 6 units currently vacant, investors can capitalize on lease-up momentum in a submarket experiencing steady growth and revitalization.
The property is offered at $3.8 million, with ownership seeking cash or bank-financed offers. Owner financing will be considered with $3M downpayment. This is a prime opportunity for prequalified buyers looking to secure a value-add asset in a market with rising rental demand and improving infrastructure.
Situated in southwest Atlanta, the property benefits from proximity to major employment centers, MARTA access, and a growing mix of retail, fine dining restaurants and residential developments.
The area is attracting attention from both local and out-of-state investors due to its affordability, connectivity, and long-term growth trajectory.
Whether repositioned for market-rate tenants or stabilized for long-term income, 1200 Utoy Springs offers a strong foundation for multifamily investment in a city ranked among the top Metros for population growth and rental absorption.
The property is offered at $3.8 million, with ownership seeking cash or bank-financed offers. Owner financing will be considered with $3M downpayment. This is a prime opportunity for prequalified buyers looking to secure a value-add asset in a market with rising rental demand and improving infrastructure.
Situated in southwest Atlanta, the property benefits from proximity to major employment centers, MARTA access, and a growing mix of retail, fine dining restaurants and residential developments.
The area is attracting attention from both local and out-of-state investors due to its affordability, connectivity, and long-term growth trajectory.
Whether repositioned for market-rate tenants or stabilized for long-term income, 1200 Utoy Springs offers a strong foundation for multifamily investment in a city ranked among the top Metros for population growth and rental absorption.
Property Facts
| Price | $5,169,216 CAD | Apartment Style | Garden |
| Price Per Unit | $152,036 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 2.30 AC |
| Cap Rate | 7.89% | Building Size | 28,600 SF |
| No. Units | 34 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1965/2017 |
| Property Subtype | Apartment | ||
| Zoning | C1 - Commercial Multifamily | ||
| Price | $5,169,216 CAD |
| Price Per Unit | $152,036 CAD |
| Sale Type | Investment |
| Cap Rate | 7.89% |
| No. Units | 34 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.30 AC |
| Building Size | 28,600 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1965/2017 |
| Zoning | C1 - Commercial Multifamily |
Amenities
Unit Amenities
- Yard
Site Amenities
- Laundry Facilities
- Laundry Service
- Maintenance on site
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 19 | $1,428 CAD | - |
| 2+1 | 15 | $1,700 CAD | - |
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Property Taxes
| Parcel Number | 14F-0010-LL-042-6 | Improvements Assessment | $983,722 CAD |
| Land Assessment | $254,378 CAD | Total Assessment | $1,238,100 CAD |
Property Taxes
Parcel Number
14F-0010-LL-042-6
Land Assessment
$254,378 CAD
Improvements Assessment
$983,722 CAD
Total Assessment
$1,238,100 CAD
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Presented by
Metro Atlanta Elite Realty Group, LLC
Utoy Springs | 1200 Utoy Springs Rd
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