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969 Forest Ave
Forest Park, GA 30297
Azul Door Apartments | 48 Units · Immeuble residentiel Propriété À vendre
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48 Unités
Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- Fully renovated (2020–2021)
- On-site laundry facility and leasing office
- 10 minutes from Hartsfield Jackson Atlanta International Airport
- Stabilized Asset | 94% Occupancy
- Adjacent to the newly built Forest Park Middle School
- Close proximity to nearby restaurants, retail and grocery
Résumé de l'annonce
Azul Door Apartments is a fully renovated 48-unit apartment community located at 969 Forest Avenue in Forest Park, Georgia. Originally built in 1965, the property underwent a complete interior and exterior renovation between 2020 and 2021, repositioning it as a modern, low-maintenance asset. The community consists of eight brick buildings situated on approximately 2.27 acres and features a well-balanced unit mix of one, two, and three-bedroom floor plans.
All units have been upgraded with LVT flooring (no carpet), granite countertops, new cabinetry, updated appliances, individual HVAC systems, and modern lighting and plumbing fixtures. Exterior improvements include new pitched roofs (2020), new windows, fresh paint, and fully repaved parking areas completed in 2022. Additional amenities include an on-site laundry facility and leasing office, enhancing both tenant convenience and operational efficiency.
Currently 94% occupied, the property has an average rent of $1,115 and benefits from a utility structure where tenants pay electricity directly, and water is billed back, providing additional income potential. Azul Door Apartments presents a stabilized investment opportunity with strong in-place cash flow and continued upside through rental growth and operational efficiencies.
All units have been upgraded with LVT flooring (no carpet), granite countertops, new cabinetry, updated appliances, individual HVAC systems, and modern lighting and plumbing fixtures. Exterior improvements include new pitched roofs (2020), new windows, fresh paint, and fully repaved parking areas completed in 2022. Additional amenities include an on-site laundry facility and leasing office, enhancing both tenant convenience and operational efficiency.
Currently 94% occupied, the property has an average rent of $1,115 and benefits from a utility structure where tenants pay electricity directly, and water is billed back, providing additional income potential. Azul Door Apartments presents a stabilized investment opportunity with strong in-place cash flow and continued upside through rental growth and operational efficiencies.
Faits sur la propriété
| Prix par unité | 133 721 $ CAD | Taille du lot | 2,27 AC |
| Type de vente | Investissement | Taille du bâtiment | 40 750 pi² |
| Taux de capitalisation | 7% | Occupation moyenne | 94% |
| Nombre d’unités | 48 | Nombre d’étages | 2 |
| Type de propriété | Immeuble residentiel | Année de construction/rénovation | 1965/2020 |
| Sous-type de propriété | Appartement | Location | Unique |
| Style d’appartement | Jardin | Ratio de stationnement | 1,63/1 000 pi² |
| Classe d’immeuble | C | Zone de développement économique |
Oui
|
| Zonage | RM, Clayton County - R4 | ||
| Prix par unité | 133 721 $ CAD |
| Type de vente | Investissement |
| Taux de capitalisation | 7% |
| Nombre d’unités | 48 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | Jardin |
| Classe d’immeuble | C |
| Taille du lot | 2,27 AC |
| Taille du bâtiment | 40 750 pi² |
| Occupation moyenne | 94% |
| Nombre d’étages | 2 |
| Année de construction/rénovation | 1965/2020 |
| Location | Unique |
| Ratio de stationnement | 1,63/1 000 pi² |
| Zone de développement économique |
Oui |
| Zonage | RM, Clayton County - R4 |
Commodités
Commodités des unités
- Climatisation
- Lave-vaisselle
- Connexions pour laveuse/Sécheuse
- Chauffage
- Moulures
- Cuisine
- Réfrigérateur
- Four
- Fourchette
- Bain/Douche
Commodités du site
- Accès 24 heures
- CVCA contrôlé par le locataire
- Terrain de basketball
- Sans fumée
- Collecte d'ordures - sur rue
- Services en ligne
- Sans ascenseur
- Détecteur de fumée
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| 1+1 | 34 | - | 850 |
| 2+1 | 10 | - | 950 - 1 000 |
| 3+1 | 4 | - | 950 - 1 100 |
Impôts fonciers
| Numéro de lot | 13-0049A-00A-009 | Évaluation des bâtiments | 1 239 152 $ CAD |
| Évaluation du terrain | 82 316 $ CAD | Évaluation totale | 1 321 469 $ CAD |
Impôts fonciers
Numéro de lot
13-0049A-00A-009
Évaluation du terrain
82 316 $ CAD
Évaluation des bâtiments
1 239 152 $ CAD
Évaluation totale
1 321 469 $ CAD
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