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If I had money in the stock market that I wanted to rotate into a solid income-producing investment, I’d buy this multi-family apartment complex in Hapeville, Georgia.
In Atlanta’s Aerotropolis submarket, just south of the Porsche Experience Center and the Gateway Center Arena, these 34 units are currently 67% occupied immediately following an extensive renovation. It has a mix of flats and townhouse style units.
It is directly across the street from Forrest Hills Academy, a charter school, and provides a substantial discount on what it would cost to replace this building. Contact me to tour this 1.33-acre investment property.
– Steve Massell, Massell Commercial Real Estate