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1259 Pineglen Dr

Riverdale GA 30296

1
0.31 ac.
Single-Family
Currently for sale - view listing

Overview

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.

Features

1 carspace
1 garage space
0.31 ac. lot size
Single-Family

Property history for 1259 Pineglen Dr

2016
Sold
$28,000
26 Feb 2016 by Denise Wilhelm, of Harry Norman Realtors

Happy sellers in Riverdale

95%
95% of sellers in Riverdale reported that their sale price either exceeded or met their price expectations.

Riverdale stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Riverdale over the last 12 months.

Local market activity for single-family properties in Riverdale

In the last 12 months, 230 single-family properties similar to 1259 Pineglen Dr, have been sold.

This represents a 12% increase in single-family properties sales when compared to the previous 12 months.

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(619) 566-0008
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