7234 Tara Blvd - Apartments FOR SALE
Jonesboro, GA 30236 |
7234 Tara Blvd
Jonesboro, GA 30236
HIGHLIGHTS
- Stable tenant base, resulting from the area’s sustained regional demand for prime workforce housing, ensures dependable occupancy and rental income.
- Near national retailers, medical centers, and high-traffic logistics hubs, creating a strong employment base and consistent housing demand.
- Units have central HVAC and in-unit washer and dryer hookups, meeting modern tenant expectations and enhancing long-term retention.
- Strong in-place cash flow is supported by high occupancy, with operational inefficiencies that present clear opportunities for income growth.
- Minutes away, the Southlake Mall redevelopment will drive additional economic growth, job creation, and retail traffic to the surrounding area.
- Within a quiet neighborhood, the community offers immediate access to Interstate 75, providing swift connectivity around the Atlanta metro.
FOR SALE DETAILS
PRICE
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# OF UNITS
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CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY NAME
Monterey Apartments
PROPERTY TYPE
Multi-Family
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
58682
STORIES
2
YEAR BUILT
1972
PARKING SPACES
80
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
13-0178A-00C-001
