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Multifamily

15 Single Family Home Portfolio

884 Spencer St NW, Atlanta, GA 30314

Listing Price: $4,299,000

Cap Rate
6.15%
Number of Units
15
GRM
11.76
Price/Unit
$286,600
Price/Gross SF
$261.75
Gross SF
16,424

Investment Overview

Marcus & Millichap is pleased to present for sale The Sunset Properties Portfolio. The portfolio offers a rare opportunity to acquire a stabilized, cash-flowing collection of single-family homes across appreciating neighborhoods in Atlanta, GA. With consistent rental income, modernized systems, and locations positioned in growing submarkets, this portfolio is well-suited for both yield-focused investors and long-term value-add strategists.

Investment Highlights

  • Diverse Property Mix: Portfolio includes 3/1s, 3/2s, and several 4-bed and 5-bed homes, allowing for varied tenant profiles and strong leasing potential
  • Stabilized Income Stream: Most properties are under active leases with end dates between mid-2025 and early 2026, offering investors a stable and predictable cash flow
  • Attractive Rental Rates: Average current rent is ~$2,088/month, with some larger homes achieving up to $3,160/month (e.g., 884 Spencer St NW)
  • Recent Renovations and CapEx Indicators: Many systems (HVAC, roof, water heaters) are 3–5 years old, reducing near-term capital expenditure needs
  • No HOA Restrictions: All properties are free of HOA constraints, providing flexibility for property management or future resale strategies

Exclusively Listed By

Financing By

Multifamily

15 Single Family Home Portfolio

Listing Price: $4,299,000

Cap Rate
6.15%
Number of Units
15
GRM
11.76
Price/Unit
$286,600
Price/Gross SF
$261.75
Gross SF
16,424

Investment Highlights

  • Diverse Property Mix: Portfolio includes 3/1s, 3/2s, and several 4-bed and 5-bed homes, allowing for varied tenant profiles and strong leasing potential
  • Stabilized Income Stream: Most properties are under active leases with end dates between mid-2025 and early 2026, offering investors a stable and predictable cash flow
  • Attractive Rental Rates: Average current rent is ~$2,088/month, with some larger homes achieving up to $3,160/month (e.g., 884 Spencer St NW)
  • Recent Renovations and CapEx Indicators: Many systems (HVAC, roof, water heaters) are 3–5 years old, reducing near-term capital expenditure needs
  • No HOA Restrictions: All properties are free of HOA constraints, providing flexibility for property management or future resale strategies

Investment Overview

Marcus & Millichap is pleased to present for sale The Sunset Properties Portfolio. The portfolio offers a rare opportunity to acquire a stabilized, cash-flowing collection of single-family homes across appreciating neighborhoods in Atlanta, GA. With consistent rental income, modernized systems, and locations positioned in growing submarkets, this portfolio is well-suited for both yield-focused investors and long-term value-add strategists.

Exclusively Listed By

Financing By

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