Overview
- Multi Family
- 1970
Description
375 Winding River, located in the vibrant community of Sandy Springs, Georgia. This stabilized asset presents investors with an opportunity for reliable rent and the option to increase rents as units turn. The property features a standalone building comprised of 12 spacious units, each offering 3 bedrooms and 2 bathrooms. Located in the high-demand Sandy Springs market, this asset benefits from strong demographics and a growing need for quality housing. Whether your strategy is steady cash flow or long-term appreciation, this property is well-positioned to deliver. Also, as part of a professionally managed condominium development, it offers added stability and ease of ownership. Rent Increase: The owner has recently increased rents from $1,950/month to $2,400/month on turned units, demonstrating clear upside potential as leases renew. Prime Location: Situated in Sandy Springs, the property benefits from proximity to major streets and highways. Condominium: This standalone building comprises 12 spacious units, each featuring 3 bedrooms and 2 bathrooms. Strong Market Demand: Sandy Springs is known for its robust rental market, driven by its dynamic mix of urban amenities, suburban appeal, and employment opportunities. To receive financials, video tours, and additional property details, please confirm whether you are a direct buyer or a representative. WeCOll then provide the appropriate Confidentiality Agreement (CA).In the meantime, ICOve attached the offering memorandum for your review. DonCOt hesitate to reach out if you have additional questions or need further details.
Address
Open on Google Maps- Address Winding River
- City Atlanta
- State/county Fulton
- Zip/Postal Code 30350
- Area Winding River Village Condominium Comple
Details
Updated on April 11, 2025 at 8:23 am- Property ID: 10488119
- Price: $2,850,000
- Land Area: 0.45 Square Feet
- Year Built: 1970
- Property Type: Multi Family
- Property Status: Residential Income
Additional details
- OnMarketDate: 2025-03-27
- MajorChangeTimestamp: 2025-04-11T05:06:20.000Z
- PhotosCount: 0
- FireplacesTotal: 0
- Cooling: Ceiling Fan(s)
- StatusChangeTimestamp: 2025-04-11T05:06:20.000Z
- WaterBodyName: Other
- ListingContractDate: 2025-03-27
- GAMLS2_ListWithoutPhotosYn: No
- MaintenanceExpense: 0
- TaxAnnualAmount: 24082
- Basement: Bath Finished
- OriginatingSystemKey: gamls2
- OriginatingSystemName: Georgia MLS 2
- MlsStatus: Active
- StreetNumber: 375
- ElectricExpense: 0
- ListingKey: be3db9ec7feda03cb144a5c5d8feec87
- StateOrProvince: GA
- AboveGradeFinishedAreaUnits: Square Feet
- MiddleOrJuniorSchool: Sandy Springs
- AssociationFeeIncludes: Facilities Fee
- ShowingContactType: Agent
- ElementarySchool: Dunwoody Springs
- Directions: Turn right onto Roswell Road (GA-9). Take the first left onto Winding River Drive. (It's shortly after Northridge intersects with Roswell Rd) Follow Winding River Drive to Building 375. Building 375 will be on the left side, near the end of the development.
- BridgeModificationTimestamp: 2025-04-11T05:20:32.701Z
- PropertyCondition: Updated/Remodeled
- ParkingTotal: 0
- GrossIncome: 0
- ParcelNumber: 06 036700041909
- ShowingRequirements: Call Listing Agent
- GAMLS2_Longitude: -84.348141
- FuelExpense: 0
- HighSchool: North Springs
- Levels: Two
- LockBoxType: None
- LotSizeSource: Owner
- StreetSuffix: Drive
- ListAgentMlsId: SD9967
- WaterSource: Public
- ModificationTimestamp: 2025-04-11T05:06:20.000Z
- ListOfficeMlsId: ALSA01
- BelowGradeFinishedAreaUnits: Square Feet
- ShowingContactPhone: 470-983-9993
- CumulativeDaysOnMarket: 15
- ParkingFeatures: Attached
- GAMLS2_UnparsedAddress: 375 Winding River DR
- LotSizeArea: 19602
- Sewer: Public Sewer
- Heating: Central
- StructureType: Other
- StreetName: Winding River
- GAMLS2_AttributionContactEmail: Stephan@Atlantaleasing.com
- ListingAgreement: Exclusive Right To Sell
- Utilities: Other
- CommunityFeatures: None
- OriginalListPrice: 2850000
- BuildingAreaUnits: Square Feet
- InternetEntireListingDisplayYN: 1
- TaxYear: 2024
- ShowingContactName: Stephan Dickie
- GAMLS2_Latitude: 34.001095
- ConstructionMaterials: Brick
- NumberOfUnitsTotal: 12
- AssociationFee: 53568
- LotSizeSquareFeet: 19602
- GAMLS2_Search_Price: 2850000