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Veracruz Apartments

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Address: 5738 Old Dixie Hwy, Forest Park, GA 30297, USA

Atlanta & Southeast + Apartment Buildings

Created date: September 20, 2024

Date last updated: September 20, 2024

Property Description

Veracruz features 156 garden-style units with one- and two-bedroom floorplans averaging 1,006 square feet.Units are 100% classic, creating a value-add opportunity for a new investor.Consistent performer, averaging 97.85% occupancy over the last four years.Opportunity to decrease water expense with installation of low flow devices in all units.Just off major commercial artery Old Dixie Highway with quick access to I-75 and I-285.The asset is convenient to MARTA bus lines, one of which connects to Atlanta’s largest employment hub, Hartsfield Airport (three miles from subject).Just off major commercial artery Old Dixie Highway with quick access to I-75 and I-285.Located at center of economic revitalization zone bringing nearly 5,000 jobs, including Fort Gillem and Aerotropolis.Residents are less than two miles from Southlake Mall, a regional center offering more than one million square feet of retail space.

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Key Property Information

Listing Status:	Available
Listing Type:	Call for offers
Property Types:	Apartment Buildings
No. of Units:	156
Year Built:	1972
Lot Size:	156,900.00 Sq ft
Opportunity Zone:	No
Property Website	Click Here