Reserve at Riverdale
Closed5470 Riverdale Rd, College Park, GA 30349-6241
Property type
Multifamily
Unit / Space count
133
Price
Subject to Offer
Building size
144,123 sf
Rentable area
134,700 SF
Year built
1974
Year renovated
Occupancy
Zoning code
Lot size
12.88 Acres
Sold/status
Sold · Date unknown
Bedroom count
Property description
Franklin Street is pleased to present Reserve at Riverdale, a 133-unit apartment community built in 1974 and located in College Park, GA. The property offers One- Bedroom, Two-Bedroom, and Three Bedroom floorplans. Under the current ownership, the property has seen over $1.15 Million in Capital Expenditure to enhance the exterior appearance of the property and lift the interior finish. A portion of the units have been renovated to feature new flooring, shaker cabinets, stainless/black appliances, new countertops, and tile backsplash in the kitchens. Overall, Reserve at Riverdale presents a unique investment opportunity in a well maintained workforce housing complex.
Property highlights
- Attractive Assumable Fannie Mae Loan
- Significant Capital Expenditure By Current Ownership