5066 Phillips DR, Forest Park, GA 30297
5066 Phillips DR, Forest Park, GA 30297
5066 Phillips DR, Forest Park, GA 30297
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Elizabeth Harvill

Elizabeth Harvill

+1(912) 245-1186
$250,000
Est. payment /mo
0.27 Acres Lot
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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status New

Purchase Type For Sale

Subdivision Sellers & Cheves

MLS Listing ID 10780018

HOA Y/N No

Year Built 1940

Annual Tax Amount $3,346

Tax Year 25

Lot Size 0.270 Acres

Acres 0.27

Lot Dimensions 11761.2

Property Sub-Type Multi Family

Source Georgia MLS 2

Property Description

Discover a rare opportunity to acquire a fully stabilized 10-property single-family rental portfolio strategically located throughout South Atlanta and North Clayton County. This professionally managed portfolio offers immediate cash flow with an in-place 6.92% cap rate and approximately $202,000 in annual NOI. Each property has undergone extensive renovations, including roofs, HVAC systems, electrical, plumbing, kitchens, bathrooms, flooring, and other major capital improvements, significantly reducing near-term maintenance exposure. Assets are geographically concentrated within two efficient operational clusters, creating economies of scale and streamlined management. Ideal for institutional buyers, family offices, 1031 exchange investors, and portfolio operators seeking stabilized income-producing assets in high-demand rental submarkets. Complete offering memorandum, financials, and data room available upon request. Portfolio Sale Only. This property is one of ten income-producing rental assets offered as part of a bulk portfolio acquisition. Individual sales are not available.

Location

State GA

County Clayton

Rooms

Bedroom Description No

Basement Partial

Interior

Heating Central

Cooling Central Air

Fireplace No

Exterior

Parking Features Garage, Parking Pad

Garage Spaces 2.0

Community Features None

Utilities Available Electricity Individual Meters, Sewer Connected, Water Individual Meters

View Y/N No

Total Parking Spaces 2

Garage Yes

Private Pool No

Building

Faces GPS

Sewer Public Sewer

Water Public

Structure Type Press Board

New Construction No

Schools

Elementary Schools Fountain

Middle Schools Babb

High Schools Forest Park

Others

HOA Fee Include None

Tax ID 13049C H005

Acceptable Financing 1031 Exchange, Other

Listing Terms 1031 Exchange, Other

Special Listing Condition Updated/Remodeled

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Georgia MLS - GAMLS
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5066 Phillips DR

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Elizabeth Harvill
Elizabeth Harvill

Agent | License ID: 421606

+1(912) 245-1186 | elizabeth.harvill@exprealty.com

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