(864) 362-2375
$300,000
3224 Ward Drive, Atlanta, GA 30354
0.22Acres
1960YearYear Built
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 income-producing rental assets offered as part of a bulk portfolio acquisition. Individual sales are not available.
Location
Key Facts
Status: Active
Type: Residential Income
Neighborhood: J Frank Lee
Annual Taxes: $2,290
HOA Fees: $0
MLS: Georgia
MLS #: 10840654
Features
Single Family Residence
Mortgage Calculator
$1,517Estimated monthly payment
Principal & interest only. Estimate for informational purposes — excludes taxes, insurance, and HOA dues.
History
Current list price: $300,000
Status: Active — For Sale
Days on market: 24
Last updated: Sep 28, 2026
Schools
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Source MLS #: 10840654
Last updated: Sep 28, 2026
Listing data is provided for consumers' personal, non-commercial use and may not reflect all real-estate activity in the market. Information is deemed reliable but is not guaranteed.