2665 Favor Rd SW - Apartments FOR SALE
Marietta, GA 30060 |
2665 Favor Rd SW
Marietta, GA 30060
HIGHLIGHTS
- 90% LIHTC property with ability to file for the qualified contract immediately and turn market rate in one year.
- Located in Cobb County, a highly-desirable north Atlanta location with high growth rates and strong demographics.
- Built in 1970, The Life at West Cobb feature desirable one-, two-, three-, and four-bedroom garden and townhome floorplans that average 1,139 SF
- Desirable construction elements include: pitched roofs, double pane windows, vinyl/HardiePlank and brick exteriors, and an extensive amenity package.
- The property underwent a multi-million dollar renovation in 2006 and a recent $2M capital infusion.
- Cobb County has a high barrier to entry for new construction, rendering the existing housing stock more valuable.
FOR SALE DETAILS
PRICE
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# OF UNITS
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CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY NAME
Legacy at West Cobb
PROPERTY TYPE
Multi-Family
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
459752
STORIES
2
YEAR BUILT
1970
PARKING SPACES
500
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
-
APN/PARCEL ID
17-0129-0-005-0
