1901 Old Concord Rd | Smyrna, GA 30080
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
1901 Old Concord Rd
Smyrna, GA 30080
Arbors at Smyrna · Build-to-Rent Property For Sale
·
361 Units
INVESTMENT HIGHLIGHTS
- Located in Cobb County, a highly-desirable north Atlanta location with high growth rates and strong demographics.
- 97% of units are unrenovated providing further value-add opportunity
- The current owner spent $1.9M+ in recent capex, which includes a new fitness center.
- The Arbors at Smyrna apartments feature market-superior one-, two-, and three-bedroom floorplans averaging a spacious 1,184 SF, 76% are townhomes
- High occupancy with 20 tenant waitlist through October 2021.
- Within a three-mile radius of the property, the median household income is $56,577 according to Claritas. Located in Federal Opportunity Zone
PROPERTY FACTS
| No. Units | 361 | Property Size | 402,590 sq ft |
| Property Type | Build-to-Rent | Average Occupancy | 85% |
| Property Subtype | Apartment | No. Floors | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1967/1995 |
| Costar Property Class | C | Parking Allocation | 0.5/1,000 sq ft |
| Total Plot Size | 26.24 ac | ||
| Use Class | RM-12 - Moderate-Density Multi-Family Residential | ||
| No. Units | 361 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Costar Property Class | C |
| Total Plot Size | 26.24 ac |
| Property Size | 402,590 sq ft |
| Average Occupancy | 85% |
| No. Floors | 2 |
| Year Built/Renovated | 1967/1995 |
| Parking Allocation | 0.5/1,000 sq ft |
| Use Class | RM-12 - Moderate-Density Multi-Family Residential |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Kitchen
- High Speed Internet Access
- Refrigerator
- Range
- Carpet
- Patio
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Playground
- Property Manager on Site
- Tennis Court
- Gated
- Laundry Service
- Pet Play Area
- Maintenance on site
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| 1+1 | 32 | - | - |
| 2+2 | 140 | - | - |
| 3+2 | 34 | - | - |
| 2+1 | 155 | - | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £14,929,704 | |
| Land Assessment | £3,169,660 | Total Assessment | £18,099,364 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£3,169,660
Improvements Assessment
£14,929,704
Total Assessment
£18,099,364
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
