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Apartment Property
Amberwood Apartments | 53 Units, from Scott K.  Spalding
Email: Scott K. Spalding
(404) 876-1640 ext. 156

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Amberwood Apartments | 53 Units Price: $2,100,000.00
874 King Road, Riverdale, Georgia
Bull Realty is pleased to present the opportunity to acquire Amberwood Apartments, an eight building apartment complex consisting of 53 units in Riverdale, Georgia. The property has rent growth potential for near term as rent comps in the area are currently higher than the subject property.

Amberwood Apartments is newly renovated with over $575,000 in capital improvements including new roofs, HVAC, and interior and exterior updates. The community has been converted over to 100% electric. The property is brick veneer construction consisting of 96,420 square feet situated on a 4.90 acre tract.

The 53 unit complex features (52) 2-bedroom 1.5-bath units with office and a complementary courtesy officer’s unit that can be rented. All units are comprised of a living room, dining area and kitchen.
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UNDER CONTRACT | Carlton Ford Apartment Complex | Fulton County | 32 Units | 8 Buildings, from Scott K.  Spalding
Email: Scott K. Spalding
(404) 876-1640 ext. 156

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UNDER CONTRACT | Carlton Ford Apartment Complex | Fulton County | 32 Units | 8 Buildings Price: $1,300,000.00
607 Little Bear Drive, Palmetto, Georgia
UNDER CONTRACT

Opportunity to acquire a 32 unit complex at an 8.5% cap on existing income with upside potential. A rent survey on page 12 shows the rents for this property may be $50-$150 below market.

This apartment complex is well located & is further illustrated by the waiting list of potential tenants.

The 2 bedroom units are separately metered for utilities and individually deeded into 8 quadruplexes for flexible exit strategies.

Each residence has 2 bedrooms with 1 bath & features the following:
  • Eat-in Kitchen
  • Stove
  • Dishwasher
  • Refrigerator
  • Separate Living Room
  • Laundry Room
  • Spacious Closets
  • Individually Metered for Water, Gas, Electric

    Please do not disturb existing tenants.
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