3100 Godby Rd - Apartments FOR SALE
College Park, GA 30349 |
404-805-0039
3100 Godby Rd
College Park, GA 30349
HIGHLIGHTS
- REO Sale: Unique opportunity to acquire a lender-owned asset with significant upside potential.
- Interior Value-Add: 158 (47.9%) of units can be updated to a consistent modern standard.
- Opportunity to Push Rent to Market: Competitors’ rents outpace subject’s market rents by $169+.
- Opportunity to bring 19 down units online to boost property revenue $230K+ annually
- Capital Infusion: Since April 2025, the lender has invested $1.4MM ($4,437/unit) in asset preservation, curb appeal, and resident experience.
- Spacious Unit Mix: Spacious, one- and two-bedroom floor plans averaging 996 SF. Notably, 79.0% of units are two-bedrooms averaging 1,071 SF
FOR SALE DETAILS
BUILDING DETAILS
PROPERTY NAME
Manchester Ridge
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
1970
PARKING SPACES
-
LAND DETAILS
LAND ACRES
23.77 AC
LAND SF
1,035,421 SF
ZONING
MF, College Park
APN/PARCEL ID
13-0067-LL-006-1,13-0067-LL-072-3,13-0067-LL-073-1
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404-805-0039
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404-805-0039
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