100 Unit Multi-Family in Atlanta MSA

100 Unit Multi-Family in Atlanta MSA

Member since 2026 · 1 post · 0 votes

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.

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  • Property Manager · Atlanta, GA · Member since 2025 · 44 posts · 22 votes
    6mo

    Good morning, Gerald. Is this deal still on the table?

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