4855 College Street & 696 Hill Street Multi-Family FOR SALE


Forest Park, GA
$2,160,000 USD
503-953-0085
, Forest Park, GA for Sale
$2,160,000 USD
Multi-Family - FOR SALE
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4855 College Street & 696 Hill Street
Forest Park, GA


HIGHLIGHTS

  • Rent growth potential by adjusting current rates to better reflect the local market
  • Stable cash flow supported by consistently high occupancy and tenant demand
  • Upside opportunity through targeted renovations and enhanced property operations
  • Strong long-term appeal due to proximity to major employment hubs
  • Located in a community experiencing active redevelopment and renewed investment
  • Excellent regional connectivity with close access to Hartsfield- Jackson Atlanta International Airport

OVERVIEW

4855 College Street represents a solid value-add investment opportunity in a high-demand submarket. With below-market rents and historically strong occupancy, the property provides a clear path to increased income through modernization and operational optimization. Its close proximity to employment hubs, transit routes, and the Atlanta airport—combined with its setting in a revitalizing community—positions it for long-term growth and enhanced investor returns. 696 Hill Street is a well-located multifamily asset offering immediate upside through rent repositioning and operational enhancements. The property maintains strong occupancy and sits within close reach of major employment centers and Atlanta Hartsfield-Jackson Airport. Its location in a fast-revitalizing neighborhood creates a strategic opportunity for investors to capitalize on market momentum and unlock further value through property improvements.

ASK ABOUT THIS PROPERTY

Harold ShepardMarcus & MillichapMore Info
503-953-0085

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Harold ShepardMarcus & MillichapMore Info
503-953-0085

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