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Georgia MLS

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2023 GAMLS. All rights reserved.

$2,500,000
For Sale

375 Winding River Drive

Atlanta, GA 30350
0.45 acres | #10488119
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375 Winding River Drive
9 photos
Type:Purchase
Structure:House
Zone:Residential

Description

375 Winding River, located in the vibrant community of Sandy Springs, Georgia. This stabilized asset presents investors with an opportunity for reliable rent and the option to increase rents as units turn. The property features a standalone building comprised of 12 spacious units, each offering 3 bedrooms and 2 bathrooms. Located in the high-demand Sandy Springs market, this asset benefits from strong demographics and a growing need for quality housing. Whether your strategy is steady cash flow or long-term appreciation, this property is well-positioned to deliver. Also, as part of a professionally managed condominium development, it offers added stability and ease of ownership. Rent Increase: The owner has recently increased rents from $1,950/month to $2,400/month on turned units, demonstrating clear upside potential as leases renew. Prime Location: Situated in Sandy Springs, the property benefits from proximity to major streets and highways. Condominium: This standalone building comprises 12 spacious units, each featuring 3 bedrooms and 2 bathrooms. Strong Market Demand: Sandy Springs is known for its robust rental market, driven by its dynamic mix of urban amenities, suburban appeal, and employment opportunities. To receive financials, video tours, and additional property details, please confirm whether you are a direct buyer or a representative. WeCOll then provide the appropriate Confidentiality Agreement (CA).In the meantime, ICOve attached the offering memorandum for your review. DonCOt hesitate to reach out if you have additional questions or need further details.

  • Property Details
      • SubdivisionWinding River Village Condominium Comple
      • Elementary SchoolDunwoody Springs
      • Basement DescriptionBath Finished
      • Middle SchoolSandy Springs
      • High SchoolNorth Springs
      • Sewer InformationPublic Sewer
      • Property TypePurchase
      • MLS #10488119
      • MLS #10488119
      • Taxes Annual$24,082
      • Cost2500000
      • Utility SourcePublic
      • CountyFulton
      • Utility FeaturesOther
      • Hoa Fees53568
      • Property SubtypeOther
      • Structure TypeOther
      • Acres0.45
      • Year Built1970
      • Basement1
      • Basement Finished1

Location

Legal

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2023 GAMLS. All rights reserved.


Last Updated: Yesterday at 11:05 PM. Source: GAMLS

Provided By
Listing Agent: Stephan Dickie (#SD9967), Email: Stephan@Atlantaleasing.com
Listing Office: Atlanta Leasing & Investment (#ALSA01)

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