This exceptional investment opportunity presents a portfolio of fifteen single-family rental homes strategically located throughout the high-demand Atlanta metro area, encompassing Decatur, Forest Park, Jonesboro, Douglasville, Stockbridge, Ellenwood, Riverdale, Union City, Morrow, and Lithonia, Georgia. The portfolio boasts a total of 15 properties, a mix of three and four-bedroom homes, generating a substantial gross annual rent of $289,620. The current net operating income (NOI) stands at $177,183, yielding a compelling 3.75% cap rate. Significant value appreciation potential exists due to the properties' location in areas with strong rental demand and the current below-market rents, offering immediate upside. Recent updates and renovations include interior improvements, upgraded landscaping, and well-maintained exteriors. All units feature tile, carpet, or luxury vinyl tile (LVT) flooring. Tenants are qualified and stable, with separate meters and systems ensuring tenants cover all utilities. Landscaping maintenance is the responsibility of the tenants. This turnkey portfolio offers a rare opportunity for investors seeking immediate cash flow and long-term growth in a thriving rental market. The asking price for this exceptional investment is $4,475,000. Specific addresses are available upon request. Please note that appointments are required for viewings, and tenants should not be disturbed.
Residential income home - 15-unit rental portfolio, high ROI.
Where is the residential income home located?
The property is located at 4077 Ballina Dr Decatur, GA.
What is the asking price?
The asking price for this property is $4,475,000.
What are key features of this property?
This property features: $289,620 annual gross rents.; Below-market rents offer significant rental growth potential.; Portfolio consists of fifteen single-family homes, featuring three- and four-bedroom units.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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Ballina Dr Decatur, GA 30034
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
4077 Ballina Dr
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