Creekside Apartments
Closed3637 Pleasantdale Rd, Atlanta, GA 30340
$9,730,00096 units105,600 SF
Multifamily2000
Property type
Multifamily
Unit / Space count
96
Price
$9,730,000
Building size
105,600 sf
Rentable area
105,600 SF
Year built
2000
Year renovated
Occupancy
Zoning code
Lot size
8.30 Acres
Sold/status
Sold · Date unknown
Sale price
$9730000
Bedroom count
Property description
Creekside Apartments are a 2000 built value add investment opportunity in Atlanta, GA. The property consists of 96 units that have maintained near 100% occupancy over the last few years with minimal rent increases. The surrounding market has seen a steady increase and rents now averaging over $1 per foot, leaving tremendous upside for an incoming investor to increase rents by $200 to meet the current market.
Property highlights
- 2000 Built Value Add Opportunity
- Superior Floor Plans with Balconies
- Steady 100% Occupancy
- Tremendous Upside in Rents
- Close Proximity to Major Employment Centers