Back

1 of 40

2 of 40

3 of 40

4 of 40

5 of 40

6 of 40

7 of 40

8 of 40

9 of 40

10 of 40

11 of 40

12 of 40

13 of 40

14 of 40

15 of 40

16 of 40

17 of 40

18 of 40

19 of 40

20 of 40

21 of 40

22 of 40

23 of 40

24 of 40

25 of 40

26 of 40

27 of 40

28 of 40

29 of 40

30 of 40

31 of 40

32 of 40

33 of 40

34 of 40

35 of 40

36 of 40

37 of 40

38 of 40

39 of 40

40 of 40

4711 Bishop Ming Blvd
Stone Mountain, GA 30088

$7,850,000 USD

Apartments For Sale • 125,865 SF

Property Details

Property Type Apartments
Total Building Size 125,865 SF
Lot Size 10.2 AC
Building Class A
Year Built 2005
Zoning RSM

0 Transit Score

24 Walk Score

                
                    Highlights
                
                                ±10.16 Acres | Built in 2005 | Current occupancy around 90%
                            
                                Appraised for $12,200,000 in 2020 | Pricing guidance: $7,850,000
                            
                                Unit mix: 6 studios, 48 one-bed/one-bath, 48 two-bed/one-bath, 18 two-bed/two-bath
                            
                                Five water-damaged units not included in existing NOI or cap rate. These units are currently under renovation
                            
                                Below Land Use Restrictive Covenant (LURC) ceiling rents and above-market expenses due to mission-driven ownership
                            
                                Offers considered when presented

Amenities

Air Conditioning
Balcony
Business Center
Controlled Access
Clubhouse
Fitness Center
Laundry Facilities
Spa
Storage Space
Washer/Dryer Hookup
Gated
Heating
Gameroom
Grill
Media Center/Movie Theatre
Pet Play Area
Walking/Biking Trails
Refrigerator

Public Transportation

Airport	Drive	Walk	Distance
Hartsfield - Jackson Atlanta International	28 min	-	18.0 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	83
Type:	Surface
Included in Rent:	Yes

Ramon Garcia Morales 678-781-2916 Bull Realty Inc.

4711 Bishop Ming Blvd Stone Mountain, GA 30088