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2436 Clarissa Dr
Atlanta, GA 30318
Atlanta 14 Property SFR Portfolio · Multifamily Property For Sale

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INVESTMENT HIGHLIGHTS

  • Single Family Residence Portfolio

EXECUTIVE SUMMARY

Unique opportunity to acquire stabilized portfolio of single-family rental (SFR) properties in the Atlanta area, one of the nation’s most sought-after markets for investors and homeowners alike.
The portfolio consists of attractive and well-maintained homes with modern features and amenities which attract a qualified and stable tenant base. The assets enjoy a 79% occupancy rate and with an average monthly rent of $1,635, they don’t suffer from affordability issues and retain significant rent growth upside potential.
All occupied units are currently rented to Section 8 tenants, which provides a reliable stream of long-term income and strong protection against credit losses. Tenants are responsible for paying their gas and electric bills.
The Atlanta housing market is one of the nation’s most attractive, driven by significant population growth (expected to continue for decades to come) and strong employment credentials, while the SFR asset class is one that remains untapped and provides unique growth prospects over the long run.
For more information, please sign and return the appropriate confidentiality agreement (attached).

PROPERTY FACTS

Price / SF $78.77 CAD / SF
Sale Condition Bulk/Portfolio Sale
Sale Type Investment
Status Active
Number of Properties 14
Individually For Sale 0
Total Building Size 49,849 SF
Total Land Area 3.43 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
14 Property SFR Portfolio Sale in Atlanta
2436 Clarissa Dr, Atlanta, GA 30318
Multifamily 33,915 SF 1960 -
872 T P Burruss SR Dr SW, Atlanta, GA 30314 Multifamily 1,288 SF 1920 -
1171 Wedgewood Dr NW, Atlanta, GA 30318 Multifamily 1,250 SF 1971 -
2413 Baker Rd NW, Atlanta, GA 30318 Multifamily 1,250 SF 1950 -
3346 Delmar Ln NW, Atlanta, GA 30331 Multifamily 1,180 SF 1950 -
1192 Wedgewood Dr NW, Atlanta, GA 30318 Multifamily 1,100 SF 1971 -
825 Bolton Pl NW, Atlanta, GA 30331 Multifamily 1,100 SF 1960 -
2009 Baker Rd NW, Atlanta, GA 30318 Multifamily 1,088 SF 1948 -
685 Bolton Rd NW, Atlanta, GA 30331 Multifamily 975 SF 1959 -
1321 McClelland Ave, Atlanta, GA 30344 Multifamily 913 SF 1930 -
3530 Fairlane Dr NW, Atlanta, GA 30331 Multifamily 900 SF 1960 -
4402 Highland Rd, Decatur, GA 30035 Multifamily 1,890 SF 1949 -
4445 Woodhaven Dr, Decatur, GA 30035 Multifamily 1,700 SF 1952 -
4817 Mainstreet Valley Trce, Stone Mountain, GA 30088 Multifamily 1,300 SF 1983 -
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  • Listing ID: 27878124

  • Date on Market: 2022-10-25

  • Last Updated:

  • Address:

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