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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.
The intent of the RS district is to provide for the development of single-family homes on moderate sized lots that are served by public water and sewer systems.; The intent of the RS district is to provide for the development of single-family homes on moderate sized lots that are served by public water and sewer systems.This district should be protected from conflicting uses, yet encourage municipal, educational, and recreational facilities for the community to have access to.; The city should promote an average density of 5 du's per acre.
Permitted uses
Include but are not limited to:
Agriculture
Housing-Group
Housing-Single unit
Housing-Senior
Housing-Student
Public service
Educational/school
Golf related
Cemetery
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 105° expected this year, 18 days in 30 years
5/10 Wind Factor
26% chance of strong winds in next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 7 days in 30 years
Provided by First Street
Historical weather
Forest Park, GA • 30297
Average low and high temperatures (°F)
52
34
62
42
72
49
78
57
80
63
87
70
92
74
84
70
84
67
76
57
67
49
58
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
95/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.1 hrs
7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 686 Morrow Rd
$251,461
$1,461 over list price of $250K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $130K to $240K.