954-801-8506
563 Briar Hill Ct, Riverdale, GA for Sale
Apartments - FOR SALE
1/45
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563 Briar Hill Ct
Riverdale, GA 30274


HIGHLIGHTS

  • Above-Average Unit Sizes Drive Tenant Retention & Premium Rents
  • Clean Mid-1980s Product with a Low-Density Neighborhood
  • Significant Interior & Exterior Capital Improvements Completed
  • Additional Land Provides Amenity Expansion Potential
  • Proven Value-Add Through Interior Renovations with $92/ Unit Upside
  • 95%+ Occupancy with Strong Revenue Growth & Financeability

OVERVIEW

MMG Real Estate Advisors is pleased to present the opportunity to acquire Briar Hill 563, an 88-unit multifamily community located in Riverdale, Georgia. Originally constructed in 1986, the property represents a well-maintained, low-density asset offering an attractive basis relative to new development and a clear path to value creation through continued interior renovations and an on-site development opportunity.

FOR SALE DETAILS

PRICE

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# OF UNITS

88

CAP RATE

Request Cap Rate

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Briar Hill 563

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1986

PARKING SPACES

150

LAND DETAILS

LAND ACRES

8.68 AC

LAND SF

378,101 SF

ZONING

RM

APN/PARCEL ID

13-0106D-00B-051

ASK ABOUT THIS PROPERTY

Josh ClarkMid-Markets Group Real Estate AdvisorsMore Info
954-801-8506

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Josh ClarkMid-Markets Group Real Estate AdvisorsMore Info
954-801-8506

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