969 Forest Avenue
- Fully renovated (2020–2021)
- Stabilized Asset | 94% Occupancy
- On-site laundry facility and leasing office
- Adjacent to the newly built Forest Park Middle School
- 10 minutes from Hartsfield Jackson Atlanta International Airport
- Close proximity to nearby restaurants, retail and grocery
Property Description
Azul Door Apartments is a fully renovated 48-unit community in Forest Park, GA, originally built in 1965 and repositioned through a complete 2020–2021 renovation. The property features eight brick buildings on 2.27 acres with a mix of one-, two-, and three-bedroom units. All units offer LVP flooring, granite countertops, new cabinetry, updated appliances, and modern systems throughout. Exterior upgrades include new roofs (2020), windows, paint, and a fully repaved parking lot (2022). Amenities include an on-site laundry facility and leasing office. Currently 94% occupied with average rents of $1,115, the property benefits from a utility structure with tenant-paid electricity and water bill-back. Azul Door Apartments offers stable cash flow with upside through rent growth and operational efficiencies.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $4,700,000 |
| No. of Units: | 8 |
| Opportunity Zone: | No |
| Price per unit: | $587,500 |
| Property Website | Click Here |
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