Central Park | 2900 Camp Creek Pky
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Central Park 2900 Camp Creek Pky
280 Unit Apartment Building For Sale College Park, GA 30337
Investment Highlights
- 25% rental upside
- Ability to bring 37 “down” units back online adding over $500,000 in gross potential rent
- Located in a designated opportunity zone
- Privately owned and operated for the past 12 years
- Attractive unit mix of spacious 1BR and 2BR units
- Only 5 minutes away from Camp Creek Marketplace which is home to dozens of national brand restaurants, retail and services
Executive Summary
Broker of Record
Bill Pedersen
License No. 80041 (GA)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Bill Pedersen
License No. 80041 (GA)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Property Facts
Sale Type | Investment | Building Size | 257,880 SF |
No. Units | 280 | Average Occupancy | 76% |
Property Type | Multifamily | No. Stories | 3 |
Property Subtype | Apartment | Year Built | 1970 |
Apartment Style | Garden | Parking Ratio | 1.32/1,000 SF |
Building Class | C | Opportunity Zone |
Yes
|
Lot Size | 23.06 AC |
Sale Type | Investment |
No. Units | 280 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Garden |
Building Class | C |
Lot Size | 23.06 AC |
Building Size | 257,880 SF |
Average Occupancy | 76% |
No. Stories | 3 |
Year Built | 1970 |
Parking Ratio | 1.32/1,000 SF |
Opportunity Zone |
Yes |
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Fireplace
- Heating
- Ceiling Fans
- Kitchen
- Refrigerator
- Range
- Carpet
Site Amenities
- Clubhouse
- Laundry Facilities
- Picnic Area
- Playground
- Pool
- Property Manager on Site
- Gated
- Grill
- Laundry Service
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
1+1 | 143 | - | 840 |
2+1 | 25 | - | 980 |
2+1.5 | 56 | - | 1,000 |
2+2 | 56 | - | 1,020 |
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PROPERTY TAXES
Parcel Number | 14-0224-LL-048-1 | Improvements Assessment | $2,738,006 CAD |
Land Assessment | $2,185,966 CAD | Total Assessment | $4,923,972 CAD |
PROPERTY TAXES
Parcel Number
14-0224-LL-048-1
Land Assessment
$2,185,966 CAD
Improvements Assessment
$2,738,006 CAD
Total Assessment
$4,923,972 CAD
zoning
Zoning Code | C1, College Park |
C1, College Park |
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Central Park | 2900 Camp Creek Pky
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