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$250,000

5066 Phillips Drive, Forest Park, GA 30297Listing ID 10780018

5066 Phillips Drive, Forest Park, GA 30297

Active

Sellers & Cheves

Time on site: 6 days • Last updated: 5 days ago

Property Type

Residential Income

Property Sub Type

Multi Family

Acres

0.27

Days on Site

Cooling

Central Air

Heating

Central

Year Built

1940

Source: Georgia MLS

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2026 Georgia MLS. All rights reserved.

For corrections to this data please contact Brytecore MLS Support.

OBREGONI

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.

Property Information

Property Details

Location

Address

5066 Phillips Drive

County

Clayton

City

Forest Park

Zip Code

30297

Subdivision

Sellers & Cheves

High School

Forest Park

Elementary School

Fountain

Interior Features

Heating and Cooling

Cooling

Central Air

Heating

Central

Building

Building Information

Year Built

1940

Construction

Press Board

Condition

Updated/Remodeled

Financial

Special Conditions

Rental

Property Taxes

Tax Annual Amount

$3,347

Tax Year

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