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$250,000
Listing Price2beds
1baths
1,450sqft
12,261sqft lot
5066 Phillips Dr, Forest Park, GA 30297
Member Features
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Full foreclosure details
Home value, equity and ownership info
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Get full access with a FREE Account
Already a member?
For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
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.
Interior Details
1450
2
1
Has Heating:
No
Heating Type:
None
Has Cooling:
Yes
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
Partial
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
12261
Yes
Yes
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
No
No
No
No
No
No
No
Construction Details
Ranch
N/A
N/A
N/A
N/A
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2019
$877
$6,400
$20,958
--%
$27,358
2019
$877
$5,600
$19,059
--%
$24,659
2018
$886
$5,600
$19,316
--%
$24,916
2017
$642
$5,600
$12,388
--%
$17,988
2016
$345
$5,600
$14,087
--%
$19,687
2014
$313
$5,600
$13,383
--%
$18,983
2013
$313
$0
$0
--%
$18,983
2012
$317
$0
$0
--%
$18,983
Average Home Price in 30297
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