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3801 Kensington Court - Langley Place Apartments, Decatur, GA

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3801 Kensington Court - Langley Place Apartments

Decatur, GA 30032 - Decatur/North Druid Hills MF Submarket

(7.5 MB)

Property Type:Multi-Family Number of Units:117 Status:Existing Year Built:1973
Stories:2 Building Size:117,000 SF Land Area:8.01 AC (348,898 SF)
For Sale Price:$6,000,000 Price/Unit:$51,282.05 Cap Rate:9.49 % GRM:-

Parking:1.75 Parking Spaces / 1,000 SF

Sale Notes:
• Plug-and-play Asset with Strong In-place Cash Flow
• Attractive Agency Financing Available Through Greystone
• Value-add Opportunity Through Interior Renovation Program
• Durable, Long-lasting Construction Featuring Pitched Roofs,
All-electric Utilities, and Exterior Entries
• Within Walking Distance of Indian Creek and Kensington MARTA
Rail Stations
• Located Just Inside I-285 with Easy Interstate Access via Memorial
• Within a Five-mile Radius of Prolific DeKalb Employers: Emory
University, CDC, DeKalb Medical Center, DeKalb County
Government Complex, and Downtown Decatur
• Within Three-mile Radius of Numerous Upscale Redevelopments

Greystone Brown Real Estate Advisors
Bo Brown
(770) 594-1915 x111

Chandler Brown
(770) 594-1915 x117

Taylor Brown
(770) 594-1915 x116

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