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10 Creste Dr
Decatur, GA 30035

The Sapphire Apartments · Residential Property For Sale · 210 Units

Investment Highlights

  • 1989-built asset offering desirable const. incl. HardiePlank siding, pitched roofs, ext breezeways, total electric, and w/d connections all units
  • Amenities include a clubhouse, f itness center, business center, swimming pool, picnic pavilion, and a controlled access gate.
  • The current owner spent over $3.4M in capex since 2018.
  • The property is composed of two-, three- and fourbedroom garden-style units averaging 1,213 SF.
  • Interior value-add opportunity which will give a new owner the opportunity to take the average rent of $1,204 up to $1,673.
  • Quick access to I-20 (157,000 vehicles per day) and I-285 (178,000 vehicles per day)

PROPERTY FACTS

No. Units 210
Property Type Residential
Property Subtype Apartment
Apartment Style Garden
Building Class B
Lot Size 17.50 AC
Building Size 200,978 SF
Average Occupancy 61%
Number of Floors 2
Year Built/Renovated 1989/2018

Unit Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Dishwasher
  • Disposal
  • Washer/Dryer Hookup
  • Heating
  • Ceiling Fans
  • Kitchen
  • Refrigerator
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Carpet
  • Dining Room
  • Vinyl Flooring
  • Window Coverings

Site Amenities

  • 24 Hour Access
  • Clubhouse
  • Day Care
  • Fitness Centre
  • Laundry Facilities
  • Playground
  • Property Manager on Site
  • Basketball Court
  • Laundry Service
  • Storage Space
  • Maintenance on site
  • Sundeck

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
2+1 73 - 1,016
3+2 87 - 1,245
4+2 50 - 1,445

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 16-009-01-013
  • 16-009-01-014
  • 16-009-01-015
Land Assessment
£329,160
Improvements Assessment
£9,779,566
Total Assessment
£10,108,726

zoning

Zoning Code RM100, DeKalb County (Multi-Family)
RM100, DeKalb County (Multi-Family)
  • Listing ID: 25367688

  • Date on Market: 31/03/2022

  • Last Updated:

  • Address: 10 Creste Dr, Decatur, GA 30035

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