Cap Rate
4.83%
Tot. SF
64,200
3244 N Fulton Ave, Atlanta, GA, 30354
Franklin Village Apartments$5,250,000
Key Information
Lot Size
4.6 Acres
Units
72
Year Built
1964
Type
Apartments
NOI
$253,526
Highlights
- Long-Term Private Ownership: The property has been owned by the same private owner for the last 30 years.
- Recent Capital Improvements: Full reroof in 2018; new windows in 2022; parking lot repairs, sealing, and striping in 2022; gutters replaced and exterior painted in recent years.
- Attractive Amenities: Fenced-in picnic area, on-site office, on-site laundry, beautifully maintained landscaping.
- Stable Operations: Occupancy continuously stays at or around 100% occupancy with little to no bad debt.
- Prime Rental Market: Minutes from Hartsfield-Jackson Atlanta International Airport, one of the largest employment hubs in the entire Southeast with 63,000+ employees.
Photos
Location
Agents
A
Austin GrahamLicense # 408272 (GA)
C
Connor KernsLicense # 408600 (GA)
Broker of Record
Maxx Bauman
License # 80041, 451849 (GA)Matthews Real Estate Investment Services, Inc3060 Peachtree Rd NW, Ste 1450, Atlanta, GA 30305