Proposed 74 Unit Mid-Rise Development 2983 Rainbow Dr 74 Unit Apartment Building For Sale Decatur, GA 30034
EXECUTIVE SUMMARY
Platinum Access, LLC has an exciting development opportunity at 2983 Rainbow Drive, Decatur, GA 30034. The property being zoned C-1 and situated in the I-20 Overlay District and Enterprise Zone suggests a favorable environment for development, with potential benefits such as exemptions from county and state real property ad valorem taxes for qualifying businesses and service enterprises. The focus on a Low Income or Active Over 65 Senior Housing Development aligns with the growing demand for such facilities, given the aging population. The proposed 74 Unit Mid-Rise Development indicates a substantial project that could cater to the needs of seniors in the area. If you have any specific questions or if there’s more information you’d like to know about this development, feel free to provide additional details, and I’ll do my best to assist you
PROPERTY FACTS
| Sale Type | Investment |
| No. Units | 74 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | A |
| Lot Size | 1.74 AC |
| Construction Status | Proposed |
| Building Size | 64,141 SF |
| No. Stories | 7 |
| Year Built | 2026 |
| Zoning | C1 - Commercial |
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $88,492 CAD | |
| Land Assessment | $456,952 CAD | Total Assessment | $545,444 CAD |
