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Stonecrest Mill 2795 Evans Mill Rd 280 Unit Apartment Building For Sale Lithonia, GA 30058
Investment Highlights
- 280-unit garden-style apartment community on approximately 24 acres in Lithonia, GA.
- Comprehensive amenity package including clubhouse, fitness center, business center, and outdoor recreational areas.
- Proximity to major transportation corridors and regional retail hubs, supporting long-term tenant demand.
- Total building size of 278,624 SF, constructed in 1971 with ongoing modernization potential.
- Unit layouts from one-bedroom to three-bedroom with in-unit conveniences such as washer/dryer hook-ups and balconies.
Executive Summary
The property at 2795 Evans Mill Rd, Lithonia, GA 30058 is a multifamily investment asset known as Stonecrest Mill, located in Southeast DeKalb County. It consists of an apartment community with 280 units spread across 24.04 acres. The improvements encompass approximately 278,624 square feet of building area, configured in two-story, garden-style apartment buildings constructed in 1971 and classified as Class C. Property amenities include a business center, clubhouse, fitness center, laundry facilities, picnic and grill areas, and a playground. Individual units feature balconies, air conditioning, and standard appliance packages.
Unit mix ranges from one-bedroom, one-bath floor plans averaging 726 square feet to larger three-bedroom units at 1,276 square feet. The asset is positioned within a well-established residential corridor supported by strong local infrastructure and neighborhood services. It is easily accessible to nearby retail destinations and transit routes, serving both local residents and commuters.
Unit mix ranges from one-bedroom, one-bath floor plans averaging 726 square feet to larger three-bedroom units at 1,276 square feet. The asset is positioned within a well-established residential corridor supported by strong local infrastructure and neighborhood services. It is easily accessible to nearby retail destinations and transit routes, serving both local residents and commuters.
Property Facts
| Sale Type | Investment | Lot Size | 24.04 AC |
| No. Units | 280 | Building Size | 278,624 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1971 |
| Apartment Style | Garden | Parking Ratio | 0.98/1,000 SF |
| Building Class | C | ||
| Zoning | RM75 | ||
| Sale Type | Investment |
| No. Units | 280 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 24.04 AC |
| Building Size | 278,624 SF |
| No. Stories | 2 |
| Year Built | 1971 |
| Parking Ratio | 0.98/1,000 SF |
| Zoning | RM75 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Washer/Dryer Hookup
- Heating
- High Speed Internet Access
- Refrigerator
Site Amenities
- Business Center
- Clubhouse
- Fitness Center
- Laundry Facilities
- Picnic Area
- Playground
- Grill
- Package Service
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 16 | - | 726 |
| 2+1 | 80 | - | 760 |
| 2+1.5 | 152 | - | 960 - 1,008 |
| 3+2.5 | 32 | - | 1,276 |
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 16-137-04-007 | Improvements Assessment | $21,636,026 CAD |
| Land Assessment | $2,467,589 CAD | Total Assessment | $24,103,616 CAD |
Property Taxes
Parcel Number
16-137-04-007
Land Assessment
$2,467,589 CAD
Improvements Assessment
$21,636,026 CAD
Total Assessment
$24,103,616 CAD
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Stonecrest Mill | 2795 Evans Mill Rd
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