260 Peachtree Street | Suite 2400 | Atlanta, Georgia 30303
Sold

Lakeshire Village Apartments – 4385 Washington Rd, East Point, GA 30344

, 4385 Washington Rd, East Point, GA 30344, USA
  • Contact Agent

Overview

Property ID: 8349
  • Multi-Family, Sale, Sold
  • Property Type

Description

FOR SALE – 284 Unit Apartment Complex

  • 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

Property Documents

Latkeshire-Village-Flyer-1
  • Address 4385 Washington Road
  • Zip/Postal Code 30344
  • Area Airport/South

Details

Updated on February 4, 2021 at 3:14 pm
  • Property ID: 8349
  • Price: Contact Agent
  • Property Type: Multi-Family, Sale, Sold
  • Property Status: Sold

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Jeff Searcy
  • Jeff Searcy