Updated 2 months ago on . Most recent reply
100 Unit Multi-Family in Atlanta MSA
Park Estates Apartments (Off-Market)
1150 Maple Walk Circle Atlanta, GA 30032
100 Units | Built 1985 | NOI: $965,758.26 | 94% Residency
Mortgage details: Balance remaining $10.4m | Maturity Date: 2/29/2028 | Lender: Greystone Servicing
Asking Price: $12.85m
Wholesale deal
Disclosure: I am a licensed Real Estate Professional in the state of Georgia #452840
All 100 Units are 2bd/2bth
Rent range $990-$1300
Recent Capital Improvements (10/2024–09/2025)
Total CapEx: $1,073,322.76
Roof Repairs: $3,980.60 (10/2024)
Plumbing Repairs: $2,675.70
Electrical Repairs: $2,598.98
Clubhouse on property is not complete and needs to be finished. This is a great way to force appreciation.
The Seller is liquidating Atlanta portfolio assets due to prior management challenges and consolidation, they are highly motivated to sell.