Looking for Apartment deals in atlanta!

Looking for Apartment deals in atlanta!

Kody SmithPro Member
Rental Property Investor · San Jose, CA · Member since 2024 · 23 posts · 16 votes

Hey everyone, 

I'm actively looking for cash flowing apartment buildings, 20 units +- 10 units

anyone have any recommendations on where the best place to look?

0Reply
66 views

5 Replies

Jump to latestLatest
  • Jaycee GreenePro Member
    Real Estate Consultant · St. Louis MSA · Member since 2024 · 3k+ posts · 726 votes
    10mo
    Quote from @Kody Smith:

    Hey everyone, 

    I'm actively looking for cash flowing apartment buildings, 20 units +- 10 units

    anyone have any recommendations on where the best place to look?

    Hey @Kody Smith. I assume you're looking for something turnkey? How much of a down payment are you willing/able to make?

    • Kody SmithPro Member
      OP
      Rental Property Investor · San Jose, CA · Member since 2024 · 23 posts · 16 votes
      10mo
      Quote from @Jaycee Greene:
      Quote from @Kody Smith:

      Hey everyone, 

      I'm actively looking for cash flowing apartment buildings, 20 units +- 10 units

      anyone have any recommendations on where the best place to look?

      Hey @Kody Smith. I assume you're looking for something turnkey? How much of a down payment are you willing/able to make?


      Turnkey is an option, but not the only option... i could be in Atlanta for a bit of time to get things more established / remodeled.

      down payment can be between 400-700k depending on the deal obviously
    • Jaycee GreenePro Member
      Real Estate Consultant · St. Louis MSA · Member since 2024 · 3k+ posts · 726 votes
      10mo
      Quote from @Kody Smith:
      Quote from @Jaycee Greene:
      Quote from @Kody Smith:

      Hey everyone, 

      I'm actively looking for cash flowing apartment buildings, 20 units +- 10 units

      anyone have any recommendations on where the best place to look?

      Hey @Kody Smith. I assume you're looking for something turnkey? How much of a down payment are you willing/able to make?


      Turnkey is an option, but not the only option... i could be in Atlanta for a bit of time to get things more established / remodeled.

      down payment can be between 400-700k depending on the deal obviously

       @Kody Smith Is this something that would interest you: 400 PATINA PLACE, MABLETON, GA 30126? This might be at the high end of the range of your down payment. I don't know the Atlanta market that well, but I suspect if you find anything under $200k/unit, it may require significant rehab.

  • Investor · Atlanta, GA · Member since 2013 · 646 posts · 392 votes
    10mo

    Hi @Kody Smith

    I am fellow investory and broker in thr Atlanta area. What other criteria do you have?  Lets connect live I can provide yoi with some local insights.

  • Stephen QuesinberryBusiness Member
    Real Estate Agent · Cumming, GA · Member since 2016 · 226 posts · 157 votes
    10mo

    Kody, 

    I'd recommend reaching out to some of the brokers to get on their lists when looking for a deal in Atlanta. It will significantly help with deal flow. You could also partner with someone on the ground that has a deal or deal flow, unless you want outright ownership. 

    Happy to connect offline to point you in the right direction. 

    Cornerstone Real Estate Partners
    View Page
Join the conversationCreate a free account to reply, vote on answers and follow this thread.