Buy & Hold (Section 8): (16 Units) Single Family Portfolio, Atlanta, GA + $3,720,000
- Promise Land Realty
- Mar 16
- 2 min read
Updated: Mar 21
Single Family Investment Opportunity
🏘️ Off-Market Portfolio Opportunity - Atlanta, GA 📍
💰 Portfolio Price: $3,720,000
🌟 Key Investment Highlights:
💼 Total Portfolio Price: $3,720,000
📈 Annual Gross Income: $267,376
🎯 Impressive Cap Rate: 10.54%
🚀 Immediate Equity: 40% upon acquisition
🔥 Purchase Price reflects an 18% discount from Full Market Value
🏠 16 strategically located properties, predominantly occupied by Section 8 tenants, ensuring reliable, government-supported rental income.
🏡 Portfolio Details:
📌 1089 Indale Place SW, Atlanta, GA 30310
📌 1279 Kenilworth Dr SW, Atlanta, GA 30310
📌 2436 Clarissa Drive NW, Atlanta, GA 30318
📌 1496 Meadowlark Dr, Decatur, GA 30032
📌 1321 McClelland Avenue, Atlanta, GA 30344
📌 3530 Fairlane Drive NW (Duplex), Atlanta, GA 30331
📌 1417 Graymont Drive SW, Atlanta, GA 30310
📌 1324 Almont Drive SW, Atlanta, GA 30310
📌 501 Aberdeen Drive NW, Atlanta, GA 30318
📌 1116 Northwest Drive NW, Atlanta, GA 30318
📌 4402 Highland Road, Decatur, GA 30035
📌 1825 Bolton Place NW, Atlanta, GA 30331
📌 685 Bolton Rd NW, Atlanta, GA 30331
📌 3346 Delmar Lane NW, Atlanta, GA 30331
📌 1171 Wedgewood Dr NW, Atlanta, GA 30318
📌 474 Center Hill Ave NW, Atlanta, GA 30318
📌 Property Financials: https://drive.google.com/drive/folders/1oqnvJceS3Lf6dMGQpqN23c4F3VYpeUh3?usp=share_link
Investment Highlights:
🏦 Stable income streams via government-supported Section 8 tenants.
🔑 Significant immediate equity and strong NOI.
🛠️ Multiple value-add opportunities to further enhance returns.
📋 Additional Information:
🔒 Some properties were previously listed; however, we now have them under direct contract, ensuring smooth transaction capability.
📨 Please submit all offers directly to: investments@promiselandrealtyllc.com
⚠️ TEAM PROMISELAND DISCLAIMER: No one is permitted to market or distribute this listing or any associated details without express written permission or membership in TEAM PROMISELAND affiliates. Unauthorized use of property details or lists will incur a fine of $500.
📞 Contact us today for detailed property reports, financial analysis, and to arrange a property tour. Photos of each property are available upon request.
Property Map
"Your #1 Source for Off Market Real Estate Properties, Nationwide"
PROMISE LAND REALTY, LLC
Work: 248- 416-2574
All Off Market Properties are sold 'As-Is'. Buyer must do their due diligence. Sold on warranty deed. We are selling our assignable interest. You do NOT HAVE PERMISSION to market this property WITHOUT EXPRESSED WRITTEN CONSENT. Proof of Funds is required with all offers. Earnest Money Deposit due within 48 hours of accepted offer. Closings are done quickly and with a title company/closing attorney. Realtors add your fee on top.
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