5066 Phillips Drive, Forest Park, GA 30297

Forest Park
Local realty services provided by:Better Homes and Gardens Real Estate Metro Brokers
5066 Phillips Drive,Forest Park, GA 30297
$250,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: israel obregon
Office: o. realty, llc
MLS#:10780018
Source:METROMLS

Price summary

  • Price:$250,000

About this home

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...

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Home facts

  • Year built:1940
  • Listing ID #:10780018
  • Updated:June 07, 2026 at 10:53 AM

Rooms and interior

  • Basement Description:Partial

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Year built:1940
  • Lot area:0.27 Acres
  • Construction Materials:Press Board
  • Levels:1 Story

Schools

  • High school:Forest Park
  • Middle school:Babb
  • Elementary school:Fountain

Utilities

  • Water:Public, Water Individual Meters
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$250,000
  • Tax amount:$3,347 (25)

Parking

  • Total parking spaces:2
  • Parking description:Garage, Parking Pad
  • Garage:Yes
MLS Logo2026 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed June 7, 2026

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