1200 Utoy Springs Rd - Apartments FOR SALE


Atlanta, GA 30331- West Atlanta
$3,800,000 USD
470-683-3122
1200 Utoy Springs Rd, Atlanta, GA for Sale
$3,800,000 USD
Apartments - FOR SALE
1/9
null | 7.89% Cap Rate

1200 Utoy Springs Rd
Atlanta, GA 30331
West Atlanta


HIGHLIGHTS

  • 34-unit multifamily asset with 4 vacancies
  • Located in a rapidly improving Atlanta submarket
  • Ideal for cash or bank-financed, prequalified buyers
  • Strong lease-up potential and long-term upside

OVERVIEW

Located in one of Atlanta’s emerging residential corridors, 1200 Utoy Springs Road presents a compelling opportunity to acquire a 34-unit multifamily asset with immediate upside potential. With 6 units currently vacant, investors can capitalize on lease-up momentum in a submarket experiencing steady growth and revitalization. The property is offered at $3.8 million, with ownership seeking cash or bank-financed offers. Owner financing will be considered with $3M downpayment. This is a prime opportunity for prequalified buyers looking to secure a value-add asset in a market with rising rental demand and improving infrastructure. Situated in southwest Atlanta, the property benefits from proximity to major employment centers, MARTA access, and a growing mix of retail, fine dining restaurants and residential developments. The area is attracting attention from both local and out-of-state investors due to its affordability, connectivity, and long-term growth trajectory. Whether repositioned for market-rate tenants or stabilized for long-term income, 1200 Utoy Springs offers a strong foundation for multifamily investment in a city ranked among the top Metros for population growth and rental absorption.

FOR SALE DETAILS

PRICE

$3,800,000 USD

PRICE/SF

$133 USD /SF

# OF UNITS

34

PRICE/UNIT

$111,765

CAP RATE

7.89%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Utoy Springs

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.3 AC

LAND SF

100,188 SF

ZONING

C1

APN/PARCEL ID

14F-0010-LL-042-6

ASK ABOUT THIS PROPERTY

Linda WilliamsMetro Atlanta Elite Realty Group, LLCMore Info
470-683-3122

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Linda WilliamsMetro Atlanta Elite Realty Group, LLCMore Info
470-683-3122

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.