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5066 Phillips Drive, Forest Park, GA 30297

$250,000
  • 5066 Phillips Drive, Forest Park, GA 30297 Main Photo

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New to the Market New
BEDS0 BATHS MLS#10780018
STATUSNew PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONSellers Cheves

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.

5066 Phillips Drive | MLS# 10780018

This multi-family property located at 5066 Phillips Drive, Forest Park, GA 30297 is currently listed for sale with an asking price of $250,000. Search Forest Park real estate on www.jybrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Partial
Basement: Yes
Cooling: Central Air
Garage: 2
Heating: Central
Lot Size: 0.27 Acres
Stories: 1.0
Taxes: $3,346
Year Built: 1940

Feature Descriptions

Days on Site: 4
Exterior: Press Board
Parking Notes: Garage, Parking Pad
Sewer: Public Sewer
Units: 1
Utilities: Electricity Individual Meters, Sewer Connected, Water Individual Meters
Water: Public

Local Schools

High School: Forest Park
Middle School: Babb
Elementary School: Fountain

Listed By / Shown By

Listed By

Agency Name: O. Realty, LLC
Agency Phone: 770-681-0703

Shown By

Agency Title: Josey Young & Brady Realty, LLC
Agency Phone: 770-683-1800

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Estimated Payment

$ 908.14 per month $556.39 Principal & Interest $278.83 Property Tax $72.92 Homeowner's Insurance

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