Price:

SOLD

Location:

CLAYTON COUNTY - Regal Pine Apartments

Municipality:

Unincorporated

Size:

72 units

Zoning:

RM

Frontage:

843ft on Conley Road

Utilities:

Included

Traffic Counts:

N/A

Marketing Package:

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Other Info:

Location:The subject property is located in north Clayton County, near the county line of Fulton County and Dekalb County, with access via Conley Road; less than a half mile from State Route 160. It is located 1.75 miles from both I-285 to the west and I-675 to the east; also the property is about 3 miles from I-75 and Hartsfield International Airport.

Within a three mile radius of the subject property there is a population of 28,365 with an average income of $39,512.


On-Site:The subject property is a two story, garden style apartment complex of 72 units with a brick exterior; the property has 843 feet of frontage on Conley Road. The property has a total rentable area of 59,450 sqft. Represents a Value-added opportunity through significant rehab.

Occupied 24 (21 are income producing)
Vacant 47
Total Units 72

Year Built 1966

Land Size 5.92 acres


Schools:Elementary School- Huie
Middle School- Forest Park
High School- Forest Park


Zoning: RM – Multifamily Residential


Property
Taxes 2011: $19,948.26

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