Multifamily Investment Opportunity
PRICE
$7,750,000
🔥 Off-Market Listing: Jackson Garden Apartments 🔥
📍 4550 Washington Road, Atlanta, GA 30349 (South Fulton County)
🏢 Property Highlights:
💰 Purchase Price: $7,750,000
📈 NOI: $506,660
🏡 CAP Rate: 6.5%
🏘️ Units: 39 (38 Townhomes + 1 Office)
📐 Building Size: 48,000 SF
🏗️ Year Built: 1970
📊 Occupancy: 100%
🌳 Lot Size: 2.78 Acres
🅿️ Parking Ratio: 1.36/1,000 SF
📂 Property Financials: https://drive.google.com/drive/folders/1GxbnOweI82ccQ_KsEE2TCtdqrht-utYy?usp=share_link
🚨 Seller Details:🔥 MOTIVATED SELLER ALERT! The seller needs to sell and is ready to negotiate.💵 Hard Money Loan: Act quickly—this property is priced for a fast sale!
🏘️ Unit Details:
2-Bedroom, 2-Bath: 37 Units (1,200 SF each)
3-Bedroom, 2-Bath: 2 Units (1,200 SF each)
1 Office Space
💼 Terms of Sale:
Earnest Money Deposit (EMD): (1% of purchase price), refundable during due diligence
Once due diligence concludes, the EMD becomes non-refundable
Title work is already underway for a fast and efficient closing process
Transaction suited for cash buyers with closing attorneys ready to assist
✨ Property Features:
🌟 Fully occupied with strong cash flow
📈 Huge potential for rent increases
👷 On-site property management & maintenance
💸 Eligible for Noise Insulation Program Grant (Estimated $1.4M!)
✈️ Just 5 minutes to Hartsfield-Jackson International Airport
🚊 Located on the MARTA transit line
🌟 Fully renovated and ready for seamless ownership transition
💰 Value-Add Potential: 7 units ready for leasing, contributing an additional $84,000 in net profit
📈 Strong cash flow and potential for rent increases
💸 Eligible for the Noise Insulation Program Grant (Estimated $1.4M!)
🏡 Unit Amenities:
🧺 Dishwasher & Washer/Dryer Hookups
🔥 Heating & Fully Equipped Kitchen
🛁 Tub/Shower
🌐 Transportation Highlights:
🚇 Close to MARTA Red & Gold Lines (8–14 min to key stations)
✈️ 13 minutes to Hartsfield-Jackson Atlanta International Airport
📜 Property Zoning:
🏷️ Parcel Number: 13-0034-LL-081-4
📜 Zoning: AC (Atlanta)
📧 Submit all offers with Proof of Funds to investments@promiselandrealtyllc.com.
🚀 TEAM PROMISELAND Disclaimer:⚠️ No one is permitted to market or distribute TEAM PROMISELAND property listings without express written consent or active membership in TEAM PROMISELAND affiliates.
🌟 Don’t Miss Out!This is a rare opportunity to own a fully occupied, income-generating property in the heart of South Fulton County. The seller is ready to make a deal—act fast before it’s gone! 💥
Aerial View
Property Map
"Your #1 Source for Off Market Real Estate Properties, Nationwide"
PROMISE LAND REALTY, LLC
Work: 248- 416-2574
All Off Market Properties are sold 'As-Is'. Buyer must do their due diligence. Sold on warranty deed. We are selling our assignable interest. You do NOT HAVE PERMISSION to market this property WITHOUT EXPRESSED WRITTEN CONSENT. Proof of Funds is required with all offers. Earnest Money Deposit due within 48 hours of accepted offer. Closings are done quickly and with a title company/closing attorney. Realtors add your fee on top.
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