5066 Phillips Drive, Forest Park, GA 30297

$250,000
New to the Market
MLS#10840639
MAP LISTING
5066 Phillips Drive, Forest Park, GA 30297
5066 Phillips Drive, Forest Park, GA 30297
5066 Phillips Drive, Forest Park, GA 30297
5066 Phillips Drive, Forest Park, GA 30297
5066 Phillips Drive, Forest Park, GA 30297
5066 Phillips Drive, Forest Park, GA 30297
5066 Phillips Drive, Forest Park, GA 30297
5066 Phillips Drive, Forest Park, GA 30297
5066 Phillips Drive, Forest Park, GA 30297
5066 Phillips Drive, Forest Park, GA 30297
5066 Phillips Drive, Forest Park, GA 30297
5066 Phillips Drive, Forest Park, GA 30297
5066 Phillips Drive, Forest Park, GA 30297

13 Photos

5066 Phillips Drive, Forest Park, GA 30297
5066 Phillips Drive, Forest Park, GA 30297
5066 Phillips Drive, Forest Park, GA 30297
5066 Phillips Drive, Forest Park, GA 30297
5066 Phillips Drive, Forest Park, GA 30297
5066 Phillips Drive, Forest Park, GA 30297
5066 Phillips Drive, Forest Park, GA 30297
5066 Phillips Drive, Forest Park, GA 30297
5066 Phillips Drive, Forest Park, GA 30297
5066 Phillips Drive, Forest Park, GA 30297
5066 Phillips Drive, Forest Park, GA 30297
5066 Phillips Drive, Forest Park, GA 30297
5066 Phillips Drive, Forest Park, GA 30297

Property Description

Discover a rare opportunity to acquire a fully stabilized 10-property single-family rental portfolio strategically located throughout South Atlanta and North Clayton County. This professionally managed portfolio offers immediate cash flow with an in-place 6.92% cap rate and approximately $202,000 in annual NOI. Each property has undergone extensive renovations, including roofs, HVAC systems, electrical, plumbing, kitchens, bathrooms, flooring, and other major capital improvements, significantly reducing near-term maintenance exposure. Assets are geographically concentrated within two efficient operational clusters, creating economies of scale and streamlined management. Ideal for institutional buyers, family offices, 1031 exchange investors, and portfolio operators seeking stabilized income-producing assets in high-demand rental submarkets. Complete offering memorandum, financials, and data room available upon request. Portfolio Sale Only. This property is one of ten income-producing rental assets offered as part of a bulk portfolio acquisition. Individual sales are not available.

5066 Phillips Drive | MLS# 10840639

This multi-family property located at 5066 Phillips Drive, Forest Park, GA 30297 is currently listed for sale with an asking price of $250,000. Search Forest Park real estate on www.janshields.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Partial
Cooling: Central Air
Garage: 2
Heating: Central
Lot Size: 0.27 Acres
Stories: 1.0
Taxes: $3,346
Year Built: 1940

Feature Descriptions

Days on Site: 2
Exterior: Press Board
Parking Notes: Garage, Parking Pad
Sewer: Public Sewer
Units: 1
Utilities: Electricity Individual Meters, Sewer Connected, Water Individual Meters
Water: Public

Local Schools

High School: Forest Park
Middle School: Babb
Elementary School: Fountain

Listed By / Shown By

Listed By

Agency Name: O. Realty, LLC
Agency Phone: 770-681-0703

Shown By

Agent Name: Jan Shields
Agent Phone: (904) 891-6331
Agency Title: Watson Realty Corp., REALTORS ®

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Estimate Your Payment

Estimated Payment

$ 1,611.94 per month $1,260.19 Principal & Interest $278.83 Property Tax $72.92 Homeowner's Insurance

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