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3041 Landrum Dr SW
Atlanta, GA 30311
Woodlands at Cascade · Multifamily Property For Sale
·
180 Units
Investment Highlights
- Spans roughly 18.23 acres with zoning that supports multi-family residential uses (RG2).
- Located within the Cascade Heights submarket, a desirable area with consistent demand for housing.
- Situated near parks, shopping centers, and educational institutions, offering strong neighborhood amenities.
- Total improvements estimated at over 1.7 million square feet according to property data.
- Approximately 20 minutes from Hartsfield-Jackson Atlanta International Airport, supporting resident and visitor accessibility.
- Area demographics indicate household growth and a median home value above $300,000 within one mile, signaling stable and strengthening submarket.
Executive Summary
The property at 3041 Landrum Dr SW, Atlanta, GA 30311 is located in the Cascade Heights submarket of Southwest Atlanta. It encompasses approximately 18.23 acres and is classified as a multi-family apartment community under zoning code RG2 (Residential General). According to county and listing records, the total building square footage is approximately 1,712,640 SF, and the site is improved with residential units under a large-scale development known as Villages of Cascade. Historically, the property has been utilized for multi-family purposes and includes supporting infrastructure and amenities consistent with apartment communities.
Demographic trends indicate moderate population and household growth projections between 2025 and 2030, with Southwest Atlanta benefitting from connectivity to local retail centers and major roadways. The property is approximately 9.8 miles from Hartsfield-Jackson Atlanta International Airport and is easily accessible to major urban corridors within the Atlanta metropolitan area.
Demographic trends indicate moderate population and household growth projections between 2025 and 2030, with Southwest Atlanta benefitting from connectivity to local retail centers and major roadways. The property is approximately 9.8 miles from Hartsfield-Jackson Atlanta International Airport and is easily accessible to major urban corridors within the Atlanta metropolitan area.
Property Facts
| Sale Type | Investment | Building Size | 218,296 SF |
| No. Units | 180 | Average Occupancy | 62% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1972/2019 |
| Apartment Style | Garden | Parking Ratio | 2.5/1,000 SF |
| Building Class | B | Opportunity Zone |
Yes
|
| Lot Size | 18.23 AC | ||
| Zoning | RG2 - 2C1 - Apt Garden, Class C | ||
| Sale Type | Investment |
| No. Units | 180 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 18.23 AC |
| Building Size | 218,296 SF |
| Average Occupancy | 62% |
| No. Stories | 2 |
| Year Built/Renovated | 1972/2019 |
| Parking Ratio | 2.5/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | RG2 - 2C1 - Apt Garden, Class C |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Heating
- Kitchen
- Refrigerator
Site Amenities
- Courtyard
- Playground
- Pool
- Property Manager on Site
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 16 | - | 800 |
| 2+1 | 32 | - | 1,032 |
| 2+1.5 | 52 | - | 1,286 |
| 2+2 | 32 | - | 1,032 |
| 3+2 | 48 | - | 1,512 |
Property Taxes
| Parcel Number | 14-0232-LL-072-1 | Improvements Assessment | $5,046,328 CAD |
| Land Assessment | $977,760 CAD | Total Assessment | $6,024,088 CAD |
Property Taxes
Parcel Number
14-0232-LL-072-1
Land Assessment
$977,760 CAD
Improvements Assessment
$5,046,328 CAD
Total Assessment
$6,024,088 CAD
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