38 Fairburn Sw Road, Atlanta, GA 30331

$1,950,000
16,878
SqFt

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List Price
$1,950,000
MLS#
7810375
Status
ACTIVE
Type
Condo
Subtype
Condominium
Square Footage
16,878
Lot Size
1.2305
Basement Description
None

Property Description

38 Fairburn Rd SW, Atlanta, GA 30331 — 20-Unit Multifamily Investment Opportunity. This 20-unit apartment community presents a compelling value-add opportunity in the Adamsville submarket of Southwest Atlanta. Built in 1966 and renovated in 1990, the property spans approximately 33,756 square feet on a 1.23-acre lot, with a uniform unit mix of 2-bedroom, 1-bathroom residences offering strong appeal to the area's steady rental demand. Priced at roughly $97,500 per unit and $58 per square foot, the asset offers an attractive basis for investors seeking to execute a renovation and repositioning strategy or add a stabilized asset to their portfolio. The property's consistent unit layout simplifies capital planning and rent-up execution across the entire building. Located minutes from downtown Atlanta with convenient access to major thoroughfares, the property benefits from proximity to employment centers, retail, and public transit, supporting long-term tenant demand. Southwest Atlanta continues to see renewed investor interest, driven by affordability relative to neighboring submarkets and ongoing infrastructure and development activity in the broader Atlanta metro. This is a rare opportunity to acquire a 20-unit asset at an accessible price point in a growing Atlanta submarket. Contact the listing agent for financials, due diligence materials, and showing instructions.

Additional Information

Stories
Two
Construction
Brick 3 Sides
Year Built
1966
Interior
Other
Roof
Other
Lot Dimensions
182x268x192x271
Parking
Parking Lot
Lot Desc
Level
Acres
1.23
Levels
Two
Taxes
$45,288

Listing courtesy of Southern REO Associates, LLC.

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