3241 Turner StEast Point, GA 30344

This exceptional Class A multifamily investment opportunity, Dunlap Pointe, presents eight completely renovated townhomes situated on a 0.65-acre lot in East Point, Georgia. The property, located at 3241 Turner St, boasts 8,000 square feet of net rentable space, spread across a two-story building constructed in 1969 and extensively renovated in 2022. Each unit features two bedrooms and one bathroom upstairs, and a main level with a large kitchen, family room, eating area, and a half-bath. Modern upgrades include sustainable flooring throughout, stainless steel appliances, granite countertops with breakfast bars, and fenced patios. Currently operating at 62% occupancy, the property offers a pro-forma cap rate of 7.55% and a pro-forma NOI of $113,200, with a price per unit of $187,375 and an asking price of $1,499,000. The property includes 12 parking spaces per 1,000 square feet. This fee-simple ownership offers a stabilized investment with significant upside potential upon achieving full occupancy. The Fulton County property (APN: 14-0163-0020-011-7) is offered for sale by owner.