5066 Phillips Drive, Forest Park, GA 30297
Multi-Family Home
Built in 1940
0.27acre lot
—— car garage
$——/sqft
Listed 5 days ago
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.
- Listing Status:
- Active
- Date Added:
- June 5, 2026
- Data Last Updated:
- June 11, 2026 at 12:06AM
- Listing Office:
- O. Realty, LLC : 770-681-0703
- Listing Agent:
- Israel Obregon : 770-681-0703
- MLS ID:
- 10780018

- Parking: GarageParking PadParking spaces: 2
- General: Press BoardOne
- HOA Amenities: None
- Originating MLS: Georgia MLS 2
- County: Clayton
- Zoning: 13049C H005
- Utilities: Electricity Individual MetersSewer ConnectedWater Individual Meters
- Water: Public
- Sewer: Public Sewer
- Source: Georgia MLS 2
This listing courtesy of Israel Obregon , O. Realty, LLC
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $






