686 Morrow RD, Forest Park, GA 30297
686 Morrow RD, Forest Park, GA 30297
686 Morrow RD, Forest Park, GA 30297
686 Morrow RD, Forest Park, GA 30297
686 Morrow RD, Forest Park, GA 30297
686 Morrow RD, Forest Park, GA 30297
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$ 250,000
Est. payment | /mo

7,405 Sqft Lot


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$ 250,000
Est. payment | /mo
Save

7,405 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status New

Purchase Type For Sale

Subdivision Forest Hills

MLS Listing ID 10780020

HOA Y/N No

Year Built 2002

Annual Tax Amount $3,833

Tax Year 25

Lot Size 7,405 Sqft

Acres 0.17

Lot Dimensions 7405.2

Property Sub-Type Multi Family

Source Georgia MLS 2

Property Description

Discover a rare opportunity to acquire a fully stabilized 10-property single-family rental portfolio strategically located throughout South Atlanta and North Clayton County. This professionally managed portfolio offers immediate cash flow with an in-place 6.92% cap rate and approximately $202,000 in annual NOI. Each property has undergone extensive renovations, including roofs, HVAC systems, electrical, plumbing, kitchens, bathrooms, flooring, and other major capital improvements, significantly reducing near-term maintenance exposure. Assets are geographically concentrated within two efficient operational clusters, creating economies of scale and streamlined management. Ideal for institutional buyers, family offices, 1031 exchange investors, and portfolio operators seeking stabilized income-producing assets in high-demand rental submarkets. Complete offering memorandum, financials, and data room available upon request. Portfolio Sale Only. This property is one of ten income-producing rental assets offered as part of a bulk portfolio acquisition. Individual sales are not available.

Location

State GA

County Clayton

Rooms

Bedroom Description No

Basement Concrete

Interior

Heating Central

Cooling Central Air

Fireplaces Number 2

Fireplace Yes

Laundry In Unit

Exterior

Parking Features Parking Pad

Garage Spaces 3.0

Community Features None

Utilities Available Electricity Individual Meters, Sewer Connected, Water Individual Meters

View Y/N No

Total Parking Spaces 3

Garage No

Private Pool No

Building

Faces GPS

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding

New Construction No

Schools

Elementary Schools Haynie

Middle Schools Babb

High Schools Forest Park

Others

HOA Fee Include None

Tax ID 13111C A035

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Special Listing Condition Updated/Remodeled

Georgia MLS - GAMLS

NEARBY SCHOOL & BUSINESS

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686 Morrow RD