5066 Phillips Drive,Forest Park, GA 30297
Forest Park, GA 30297
Description
Discover a rare opportunity to acquire a fully stabilized 10-property single-family rental portfolio strategically located throughout South Atlanta and North Clayton County. This professionally managed portfolio offers immediate cash flow with an in-place 6.92% cap rate and approximately $202,000 in annual NOI. Each property has undergone extensive renovations, including roofs, HVAC systems, electrical, plumbing, kitchens, bathrooms, flooring, and other major capital improvements, significantly reducing near-term maintenance exposure. Assets are geographically concentrated within two efficient operational clusters, creating economies of scale and streamlined management. Ideal for institutional buyers, family offices, 1031 exchange investors, and portfolio operators seeking stabilized income-producing assets in high-demand rental submarkets. Complete offering memorandum, financials, and data room available upon request. Portfolio Sale Only. This property is one of ten income-producing rental assets offered as part of a bulk portfolio acquisition. Individual sales are not available.
Details
| MLS # | 10840639 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1940 |
| Days On Site | 40 |
| Listing Provided By | O. Realty, LLC | Israel Obregon |
Features
| Basement | Y |
|---|---|
| Story(s) | 1 |
| Units | 1 |
| Acreage | 0.27 |
Interior
| Cooling | Central Air |
|---|---|
| Cooling Yes / No | Yes |
| Heating | Central |
| Heating Yes / No | Yes |
| Fireplace Yes / No | No |
| Fireplaces Total | 0 |
Exterior
| Construction Materials | Press Board |
|---|
Parking
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | Yes |
| Parking Features | Garage, Parking Pad |
| Open Parking Yes / No | Yes |
Utilities
| Utilities | Electricity Individual Meters, Sewer Connected, Water Individual Meters |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Annual Amount | 3346.86 |
|---|---|
| Tax Year | 25 |
Location
| Community Features | None |
|---|
Area Information
| State | GA |
|---|---|
| County | Clayton |
| City | Forest Park |
| Zip Code | 30297 |
| Area | Clayton |
| Community Name | Sellers & Cheves |
| School District | Forest Park |
| Elementary School | Fountain |
| High School | Forest Park |
| Listing VS Median (in Sellers & Cheves) | |
Price: $250,000 low | high Med: $0 On site: 40 low | high Med: | |
Market Activity 30297
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Learn More About This Property
| State | GA |
|---|---|
| County | Clayton |
| City | Forest Park |
| Zip Code | 30297 |
| Area | Clayton |
| Community Name | Sellers & Cheves |
| School District | Forest Park |
| Elementary School | Fountain |
| High School | Forest Park |
| Listing VS Median (in Sellers & Cheves) | |
Price: $250,000 low | high Med: $0 On site: 40 low | high Med: | |
