3693-3735 Embry Cir - Apartments FOR SALE


Chamblee, GA 30341
$6,300,000 USD
404-216-2106
3693-3735 Embry Cir, Chamblee, GA for Sale
$6,300,000 USD
Apartments - FOR SALE
1/12
null | 6.08% Cap Rate

3693-3735 Embry Cir
Chamblee, GA 30341


OVERVIEW

- Single-family feel at multifamily pricing — 1,153 avg SF, single-story units with large private decks; more comparable to SFR than traditional apartments - Rock-solid occupancy — 96%+ since 2023, with 73% of tenants in place 2+ years and 50% for 3+ years - High-growth submarket — Chamblee/North DeKalb has seen 18.6% rent growth since 2020; avg household income within 1 mile is $119K - Proven value-add in place — 10 fully renovated units fetching $100–$150 premiums; 17 partially upgraded at $50–$75 premiums; remaining units offer clear upside - $632K+ in recent capital improvements — asphalt, exterior paint, interior upgrades, water efficiency retrofits; minimal near-term capex needed

FOR SALE DETAILS

PRICE

$6,300,000 USD

PRICE/SF

$148 USD /SF

# OF UNITS

37

PRICE/UNIT

$170,270

CAP RATE

6.08%

% LEASED

97%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Embry Hills

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

62

LAND DETAILS

LAND ACRES

2.04 AC

LAND SF

88,862 SF

ZONING

RM100, County

APN/PARCEL ID

18-284-01-050,18-284-07-002

ASK ABOUT THIS PROPERTY

Jack MarbutCushman & WakefieldMore Info
404-216-2106

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

Jack MarbutCushman & WakefieldMore Info
404-216-2106

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