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Multifamily

Meadow Creek

102 University Dr, Carrollton, GA 30117

Listing Price: Request For Offer

Number of Units
45
Occupancy
90.0%
Gross SF
80,495

Investment Overview

This investment opportunity presents a prime property located in Carrollton, Georgia, boasting a strategic position on 5.56 acres of land. Built in 2006 and recently renovated in 2023, this property features a total of 45 units, offering a diverse mix of accommodation options. Notably, 30 3-bedroom/3-bathroom units have undergone recent renovations, including the addition of master suites and master baths. There are 15 remaining 4-bedroom/4-bath units awaiting cosmetic upgrades, presenting an opportunity for further enhancement and potential rental yield optimization.

Strategically located at the doorstep of the University of West Georgia, this property holds significant potential as student housing, benefiting from its proximity to campus and appealing floor plans conducive to student living. Additionally, the surrounding area's retail density adds further convenience and attraction for potential tenants. With a blend of renovated and awaiting renovation units, investors have the opportunity to capitalize on both immediate rental income and value appreciation through further upgrades, making this property an attractive proposition for those seeking to diversify their portfolio in a thriving market.

Investment Highlights

  • 30 units renovated to include a master suite and master bath
  • Spacious floor plans
  • 3-Bedroom/3-Bathroom and 4-Bedroom/4-Bathroom units ideal for students
  • Separately metered for water
  • Updated fire sprinkler system throughout

Exclusively Listed By

Multifamily

Meadow Creek

Listing Price: Request For Offer

Number of Units
45
Occupancy
90.0%
Gross SF
80,495

Investment Highlights

  • 30 units renovated to include a master suite and master bath
  • Spacious floor plans
  • 3-Bedroom/3-Bathroom and 4-Bedroom/4-Bathroom units ideal for students
  • Separately metered for water
  • Updated fire sprinkler system throughout

Investment Overview

This investment opportunity presents a prime property located in Carrollton, Georgia, boasting a strategic position on 5.56 acres of land. Built in 2006 and recently renovated in 2023, this property features a total of 45 units, offering a diverse mix of accommodation options. Notably, 30 3-bedroom/3-bathroom units have undergone recent renovations, including the addition of master suites and master baths. There are 15 remaining 4-bedroom/4-bath units awaiting cosmetic upgrades, presenting an opportunity for further enhancement and potential rental yield optimization. Strategically located at the doorstep of the University of West Georgia, this property holds significant potential as student housing, benefiting from its proximity to campus and appealing floor plans conducive to student living. Additionally, the surrounding area's retail density adds further convenience and attraction for potential tenants. With a blend of renovated and awaiting renovation units, investors have the opportunity to capitalize on both immediate rental income and value appreciation through further upgrades, making this property an attractive proposition for those seeking to diversify their portfolio in a thriving market.

Exclusively Listed By

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