Investment Overview

Marcus & Millichap is pleased to present for sale a multifamily property located at 3000 Ember Drive in Decatur, Georgia. This property offers units with generous living spaces that have been upgraded with newer HVAC, plumbing, and electrical systems. Despite these recent improvements, there remains significant value-add potential. Strategic enhancements, such as installing smart home technology, energy-efficient windows, and adding in-unit or shared laundry facilities, would further increase rental rates and boost overall property value. Additionally, implementing controlled entrance access would enhance security, making the property even more attractive to potential renters and elevating its status as a premium rental option. Decatur, a thriving suburb situated just five miles northeast of downtown Atlanta in DeKalb County, is known for its historic charm, diverse community, and small-town ambiance while being closely connected to the bustling Atlanta metropolitan area. The city's economy benefits significantly from its proximity to Atlanta, one of the fastest-growing metropolitan regions in the United States. Decatur’s local economy is driven by a blend of industries, with healthcare, education, and government services leading the way. Major employers, including Emory University, DeKalb Medical Center, and various government offices, have increased demand for quality housing in the area. Known for its community-oriented environment, excellent schools, and vibrant cultural scene, Decatur offers residents access to parks, green spaces, and a variety of dining and entertainment options in its charming downtown area. The average household income in Decatur is approximately $167,000, attracting affluent residents who seek a balance between suburban tranquility and urban amenities. This property's location provides convenient access to nearby shopping centers, healthcare facilities, and educational institutions, making it highly appealing to families, students, and professionals. For tenants seeking an active and comfortable lifestyle, the property offers a range of amenities, including sports courts that attract families and young adults interested in fitness and recreation. Additionally, the well-maintained pool area provides a relaxing space for residents to unwind and socialize during the warmer months.