Value-Add Multifamily Opportunity | 136 Units

4663-4771 Waldrop Dr Forest Park, GA 30297

4663-4771 Waldrop Dr, Forest Park, GA, 30297
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FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$12,950,000
Last Verified:
May 12, 2025

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Highlights

  • Well Located Asset: Walking distance to nearby retail, schools and park and close proximity to Atlanta Hartsfield International Airport with easy access to I-75/I-85 and I-285. Easy access to I-20, within minutes to Downtown Atlanta
  • High Growth Area: Up and coming neighborhood with strong rental demand
  • Majority of Heavy Lifting Complete: Exteriors are completed with around 65% of interiors finished
  • Value-Add Potential: With approximately 65% of the units complete, there is significant meat on the bone for a new owner in completing interior renovations
  • Tenant Amenities: On-site Leasing Office, Gated In-Ground Pool & Gated Playground Area

Description

Value-Add Multifamily Opportunity | 136 Units

This property is located in Atlanta, GA.


Year Built: 1965
Building Size: 122111sq ft
Lot Size: 7.8 acres


Documents

Offering Memorandum

Map of 4663-4771 Waldrop Dr, Forest Park, GA, 30297

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.