Multifamily
Meadow Creek
102 University Dr, Carrollton, GA 30117
Listing Price: Request For Offer
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
Listing Price: Request For Offer
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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