Property ID: #8349
For Sale
Lakeshire Village Apartments

Lakeshire Village Apartments

4385 Washington Road, East Point, GA 30344

FOR SALE - 284 Unit Apartment Complex

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Property Details:

  • Year Built:    1972
  • Year Renovated:     2004
  • Number of Units:    284
  • Average Unit Size:  973
  • Total Rentable Sq. Ft.:   276,360
  • Number of Buildings:  21
  • Number of Levels:  2
  • Acreage:    15.29
  • Units Per Acre:    18.57
  • Physical/Rented Occupancy:   98%
  • $35,000 on average per unit  of Major Renovation  in 2004
  • Connectivity Advantaged to major transportation corridors, I-20 & I-285 and Marta Bus Line
  • An approximate 13%  increase in Total Rent Growth between year end 2016 thru year end 2018
  • An increase in average asking rents from year end 2016 to present day September of 2019 up $69 per unit

Exclusive Agent
Jeff Searcy

Property Flyer