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475 Mount Vernon Hwy NE
Sandy Springs, GA 30328 Sandy Springs

$769,000 USD

Apartments Condo For Sale  •  4,044 SF

Property Details

  • Property Type Apartments
  • Total Building Size 108,018 SF
  • Lot Size 7 AC
  • Building Class C
  • Year Built 1983
  • Zoning A
40 Transit Score
70 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 5 Flex 4,044 SF $769,000 USD
  • Unit Size: 4,044 SF
  • Condo Use: Flex
  • Price: $769,000 USD
  • Sale Type: Investment
  • Price/SF: $190.16 USD
Description
Five (5) occupied residential condo units in Sandy Springs age 55+ community of Mount Vernon Village. 100% occupied with long-term tenants.  Total of seven bedrooms and seven baths. Three of the 1 bedroom/1 bath units and two of the 2 bedroom/2 bath units.)  Renovated condos with newer HVACs and water heaters in condos.  Condo association has replaced roofs, common area flooring and other updates in last three years. Agent is a partial owner of portfolio.  Well-run condo association and monthly fees include electricity and other utilities.

Sale Notes
Solid immediate cash flow opportunity with stable, long-term tenants and renovated units. Meaningful upside in near and long term. Located in 70 condo community on 7+ acres in the heart of Sandy Springs.

Highlights

Solid construction in well-managed residential community
Stable long-term tenants in all units
Renovated with newer systems and appliances

Property Flyers

Amenities

  • 24 Hour Access
  • Balcony
  • Dishwasher
  • Microwave
  • Washer/Dryer
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Views
  • Freezer
  • Patio
  • Walk-Up

Public Transportation

Commuter RailDriveWalkDistance
Atlanta (Crescent - Amtrak) 17 min - 9.8 mi
AirportDriveWalkDistance
Hartsfield - Jackson Atlanta International 36 min - 23.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 200
Type: Surface
Included in Rent: Yes
Angela Nagy 404-617-5900 Haynes and Associates
Angela Nagy 404-617-5900 Haynes and Associates