7234 Tara Blvd | Jonesboro, GA 30236 (Most units are currently occupied. Please DO NOT approach or disturb any tenants regarding the property’s sale.) 49-Unit Fee-Simple Townhome Community | Value-Add Workforce Housing Play Monterey Apartments presents an exceptional opportunity to acquire a 49-unit, fee-simple townhome community strategically located along the Tara Blvd corridor in Jonesboro, GA — one of South Metro Atlanta’s most dynamic submarkets. Each unit is approximately 1,150 SF, featuring 2 bedrooms, 1.5 bathrooms, central HVAC, washer/dryer hookups, and four-sided white brick exteriors. Roofs were replaced between 2017–2018, providing significant deferred capex coverage. The property is self-managed, and poised for value-add upside through operational optimization, rent growth, or professional management implementation. Located in a secluded, residential pocket, yet minutes from I-75, the property offers tenants both privacy and accessibility. Investment Highlights Assumable Loan option available at 6.5% Built 1972 | Roofs 2017–2018 High Occupancy Rate Strong in-place cash flow with operational inefficiencies ripe for correction Self-managed with no current professional management fees Stable tenant base supported by strong regional demand for workforce housing Located in the Clayton County School District Location & Demographics Within 5 miles: 150,000+ population, avg. household income ~$90,000 Less than 15 minutes to Hartsfield-Jackson International Airport Surrounded by national retailers, medical centers, logistics hubs Southlake Mall redevelopment underway ~10 minutes away Ideal For: Private equity and family offices seeking scale in a suburban metro Local/regional investors targeting cash-flowing, value-add multifamily Operators looking to bring in professional third-party management 7234 Tara Blvd represents a rare opportunity to acquire immediate scale, strong cash flow, and future upside in one of metro Atlanta’s fastest-evolving rental markets. Financials, rent rolls, and T12 available upon request.