404-723-4464
3000 Ember Dr, Decatur, GA for Sale
Apartments - FOR SALE
1/13
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3000 Ember Dr
Decatur, GA 30034
Panthersville


HIGHLIGHTS

  • Recently Renovated Multi-Family Property with Large Spacious Floor Plans
  • Features Premium Amenities Including Sports Courts and Pool
  • Significant Value-Add Opportunities to Increase Property Value

OVERVIEW

Marcus & Millichap is pleased to present for sale a multifamily property located at 3000 Ember Drive in Decatur, Georgia. This property offers units with generous living spaces that have been upgraded with newer HVAC, plumbing, and electrical systems. Despite these recent improvements, there remains significant value-add potential. Implementing a lease-up strategy which includes turning several vacant units and aggressively marketing the vacant units will stabilize the complex. Strategic enhancements, such as installing smart home technology, completing the shared laundry facilities, and bringing the pool back online would further increase rental rates and boost overall property value. Additionally, implementing controlled entrance access would enhance security, making the property even more attractive to potential renters and elevating its status as a premium rental option.

FOR SALE DETAILS

PRICE

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# OF UNITS

276

CAP RATE

Request Cap Rate

% LEASED

45%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Creekside Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1972

PARKING SPACES

276

LAND DETAILS

LAND ACRES

21.59 AC

LAND SF

940,460 SF

ZONING

RM 85

APN/PARCEL ID

15-121-02-002

ASK ABOUT THIS PROPERTY

Marco WelchMetropolitan Multifamily & InvestmentsMore Info
404-723-4464

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Marco WelchMetropolitan Multifamily & InvestmentsMore Info
404-723-4464

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