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Amberwood Apartments | 53 Units

874 King Road
Riverdale, GA 30296
PRICE : $2,100,000
PROPERTY TYPE: Multi-Family
SITE SIZE: 4.90 Acres
BUILDING SIZE: 96,420 SF
YEAR BUILT: 1972

Highlights

  • 8 building, 53 unit apartment complex in Riverdale, GA
  • New renovations include new roofs, HVAC and interior/exterior updates
  • Totally electric community
  • Brick veneer construction
  • 96,420 SF total on 4.90 acres
  • (52) 2-bedroom, 1.5-bath units & (1) complementary courtesy officer unit
  • Rent growth opportunity

Description

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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