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686 Morrow Road

Forest Park, GA 30297
  • $250,000
  • STATUS: Active
  • ON SITE: 39 Days
  • MLS #: 10797103
UPDATED: 46 min ago
$250,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2002
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

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.

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Georgia MLS logo© 2026 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than Keller Williams Realty are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or Keller Williams Realty. Data last updated: 2026-08-10T18:10:12.053.
www.teambonds.com/homes/178349334
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686 Morrow Road Forest Park, GA 30297

  • Price: $250,000
  • Status: Active
  • On Site: 39 Days
  • Updated: 46 min ago
  • MLS #: 10797103
0
Beds
0
Baths
0
½ Baths
0.17
Acres
2002
Built
Neighborhood:
Forest Hills
County:
Clayton
Area:
Forest Park
Elementary School:
Haynie
Middle School:
Babb
High School:
Forest Park
Property Description
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.
Exterior Features

Attached Garage YN No Carport YN No Construction Materials Vinyl Siding Foundation Details Slab Garage YN No Levels One Lot Size Area 7405.2 Lot Size Source Public Records Lot Size Units Square Feet Open Parking YN Yes Parking Features Parking Pad Parking Total 3

Interior Features

Above Grade Finished Area Units Square Feet Basement Concrete Below Grade Finished Area Units Square Feet Building Area Units Square Feet Cooling Central Air Cooling YN Yes Fireplace YN Yes Fireplaces Total 2 Heating Central Heating YN Yes Laundry Features In Unit Living Area Units Square Feet

Property Features

Association Fee Includes None Association YN No Community Features None Es Bus Yn Yes Hs Bus Yn Yes Listing Terms 1031 Exchange Ms Bus Yn Yes New Construction YN No Property Condition Updated/Remodeled Property Sub Type Multi Family Sewer Public Sewer Special Listing Conditions Investor Owned Structure Type House Tax Annual Amount 3833.41 Tax Year 25 Utilities Electricity Individual MetersSewer ConnectedWater Individual Meters Water Source Public

GAMLS logo Listing provided courtesy of O. Realty, LLC: 770-681-0703. © 2026 Georgia Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed.


Georgia MLS logo© 2026 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than Keller Williams Realty are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or Keller Williams Realty. Data last updated: 2026-08-10T18:10:12.053.
 
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