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Multifamily

4855 College St & 696 Hill St

4855 College St, Forest Park, GA 30297

Listing Price: $2,160,000

Cap Rate
4.05%
Number of Units
30
GRM
5.17
Price/Unit
$72,000
Price/Gross SF
$87.27
Gross SF
24,750

Investment Overview

4855 College Street represents a solid value-add investment opportunity in a high-demand submarket. With below-market rents and historically strong occupancy, the property provides a clear path to increased income through modernization and operational optimization. Its close proximity to employment hubs, transit routes, and the Atlanta airport—combined with its setting in a revitalizing community—positions it for long-term growth and enhanced investor returns.

696 Hill Street is a well-located multifamily asset offering immediate upside through rent repositioning and operational enhancements. The property maintains strong occupancy and sits within close reach of major employment centers and Atlanta Hartsfield-Jackson Airport. Its location in a fast-revitalizing neighborhood creates a strategic opportunity for investors to capitalize on market momentum and unlock further value through property improvements.

Investment Highlights

  • Rent growth potential by adjusting current rates to better reflect the local market
  • Stable cash flow supported by consistently high occupancy and tenant demand
  • Upside opportunity through targeted renovations and enhanced property operations
  • Strong long-term appeal due to proximity to major employment hubs
  • Located in a community experiencing active redevelopment and renewed investment
  • Excellent regional connectivity with close access to Hartsfield-Jackson Atlanta International Airport

Exclusively Listed By

Financing By

Multifamily

4855 College St & 696 Hill St

Listing Price: $2,160,000

Cap Rate
4.05%
Number of Units
30
GRM
5.17
Price/Unit
$72,000
Price/Gross SF
$87.27
Gross SF
24,750

Investment Highlights

  • Rent growth potential by adjusting current rates to better reflect the local market
  • Stable cash flow supported by consistently high occupancy and tenant demand
  • Upside opportunity through targeted renovations and enhanced property operations
  • Strong long-term appeal due to proximity to major employment hubs
  • Located in a community experiencing active redevelopment and renewed investment
  • Excellent regional connectivity with close access to Hartsfield-Jackson Atlanta International Airport

Investment Overview

4855 College Street represents a solid value-add investment opportunity in a high-demand submarket. With below-market rents and historically strong occupancy, the property provides a clear path to increased income through modernization and operational optimization. Its close proximity to employment hubs, transit routes, and the Atlanta airport—combined with its setting in a revitalizing community—positions it for long-term growth and enhanced investor returns. 696 Hill Street is a well-located multifamily asset offering immediate upside through rent repositioning and operational enhancements. The property maintains strong occupancy and sits within close reach of major employment centers and Atlanta Hartsfield-Jackson Airport. Its location in a fast-revitalizing neighborhood creates a strategic opportunity for investors to capitalize on market momentum and unlock further value through property improvements.

Exclusively Listed By

Financing By

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