Log In/Sign Up
Your email has been sent.
Creekside Apartments 3000 Ember Dr 276 Unit Apartment Building For Sale Decatur, GA 30034
INVESTMENT HIGHLIGHTS
- Recently Renovated Multi-Family Property with Large Spacious Floor Plans
- Significant Value-Add Opportunities to Increase Property Value
- Features Premium Amenities Including Sports Courts and Pool
EXECUTIVE SUMMARY
Marcus & Millichap is pleased to present for sale a multifamily property located at 3000 Ember Drive in Decatur, Georgia. This property offers units with generous living spaces that have been upgraded with newer HVAC, plumbing, and electrical systems. Despite these recent improvements, there remains significant value-add potential. Implementing a lease-up strategy which includes turning several vacant units and aggressively marketing the vacant units will stabilize the complex. Strategic enhancements, such as installing smart home technology, completing the shared laundry facilities, and bringing the pool back online would further increase rental rates and boost overall property value. Additionally, implementing controlled entrance access would enhance security, making the property even more attractive to potential renters and elevating its status as a premium rental option.
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Sale Type | Investment | Lot Size | 21.59 AC |
| No. Units | 276 | Building Size | 288,750 SF |
| Property Type | Multifamily | Average Occupancy | 45% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built/Renovated | 1972/2019 |
| Building Class | C | Parking Ratio | 0.96/1,000 SF |
| Zoning | RM 85 - Residential | ||
| Sale Type | Investment |
| No. Units | 276 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 21.59 AC |
| Building Size | 288,750 SF |
| Average Occupancy | 45% |
| No. Stories | 3 |
| Year Built/Renovated | 1972/2019 |
| Parking Ratio | 0.96/1,000 SF |
| Zoning | RM 85 - Residential |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Washer/Dryer Hookup
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Range
SITE AMENITIES
- Laundry Facilities
- Playground
- Pool
- Basketball Court
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 55 | - | 650 |
| 2+1 | 83 | - | 858 |
| 2+2 | 68 | - | 870 |
| 3+2 | 70 | - | 1,102 |
1 1
PROPERTY TAXES
| Parcel Number | 15-121-02-002 | Total Assessment | $15,893,673 CAD |
| Land Assessment | $958,069 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $14,935,604 CAD | Tax Year | 2025 Payable 2026 |
PROPERTY TAXES
Parcel Number
15-121-02-002
Land Assessment
$958,069 CAD
Improvements Assessment
$14,935,604 CAD
Total Assessment
$15,893,673 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025 Payable 2026
CONTACTS
-
Marco Welch -
Joe Mitchell -
Scott Spalding -
Harold Shepard -
Metropolitan Multifamily & Investments
1 of 14
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Creekside Apartments | 3000 Ember Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.