1204 Lakeview Dr NW
Conyers, GA 30012
-- Bed
-- Bath
7,548 Sq Ft
42 Days on Market
For Sale $3,485,000
Request tour
Save
Courtesy of Zach Taylor Real Estate

Listing Agent & Comments

Joshua AhlzadehZach Taylor Real Estate
727-692-6578josh@delzaproperties.com License #423295
Discover an Unbeatable Opportunity at RIVERA PARK Apartment Homes! Nestled in the thriving, high-growth submarket of Conyers, Georgia, just 24 miles east of Atlanta, RIVERA PARK offers an exceptional investment opportunity thatCOs ready to deliver strong returns from day one! This stabilized, high-potential asset guarantees immediate cash flow while offering incredible upside potential for savvy investors. With rents currently under market at just $1200 and 4 units vacant, thereCOs a tremendous opportunity to boost income through strategic rental increases, filling vacancies, and implementing operational efficiencies. Additionally, the propertyCOs excess land presents multiple value-creation possibilities, from development opportunities to further enhancements. This 24-unit building features exclusively spacious 2-bed, 1-bath units, each a generous 900 sqft, known for their ease of leasing, low maintenance needs, and strong demand. These units practically lease themselves and are highly sought after by renters! In 2023, the property underwent a transformative $800k+ renovation, elevating the interiors, exterior, landscaping, parking lot, and amenities, as well as adding a modern onsite office. The upgrades have made this property even more attractive, enhancing its long-term value. Priced to Sell at $3,485,000, with a recent appraisal of $4,292,905, this asset offers investors a golden opportunity to walk into instant equity. Key Highlights: * 7.6% Going-In Cap Rate * 8.8% Stabilized Cap Rate * 10%+ Cash-on-Cash Return DonCOt miss out on this rare chance to capitalize on a property that blends immediate cash flow with huge growth potential. This is a must-see for any investor looking for a smart, high-reward acquisition!

MLS# 10496333 • Data provided by GAMLS
Additional home details
Living Area7,548 Sq.Ft.
Lot Size3.0 Acres
Total Rooms--
Bedrooms--
Bathrooms--
Stories--
Year Built1968
Property TypeMultifamily
ZoningRG
HOA Name--
HOA Fee--
HOA IncludesNone
Tax Year2024
Tax Amount$17,305
Property in Flood Zone--
We’ll connect you with top agents in your area.
More Information On This Home
This home's estimated value
$616,718
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties and crime reports
New
Do you own this home?
Access your homeowner dashboard
house

HouseCanary, Inc. Brokerage

1204 Lakeview Dr NW, Conyers, GA 30012

Multifamily
-- Bed
-- Bath
7,548 Sq Ft
42 Days on Market

Listing Agent & Comments

Joshua AhlzadehZach Taylor Real Estate
727-692-6578josh@delzaproperties.com License #423295
Discover an Unbeatable Opportunity at RIVERA PARK Apartment Homes! Nestled in the thriving, high-growth submarket of Conyers, Georgia, just 24 miles east of Atlanta, RIVERA PARK offers an exceptional investment opportunity thatCOs ready to deliver strong returns from day one! This stabilized, high-potential asset guarantees immediate cash flow while offering incredible upside potential for savvy investors. With rents currently under market at just $1200 and 4 units vacant, thereCOs a tremendous opportunity to boost income through strategic rental increases, filling vacancies, and implementing operational efficiencies. Additionally, the propertyCOs excess land presents multiple value-creation possibilities, from development opportunities to further enhancements. This 24-unit building features exclusively spacious 2-bed, 1-bath units, each a generous 900 sqft, known for their ease of leasing, low maintenance needs, and strong demand. These units practically lease themselves and are highly sought after by renters! In 2023, the property underwent a transformative $800k+ renovation, elevating the interiors, exterior, landscaping, parking lot, and amenities, as well as adding a modern onsite office. The upgrades have made this property even more attractive, enhancing its long-term value. Priced to Sell at $3,485,000, with a recent appraisal of $4,292,905, this asset offers investors a golden opportunity to walk into instant equity. Key Highlights: * 7.6% Going-In Cap Rate * 8.8% Stabilized Cap Rate * 10%+ Cash-on-Cash Return DonCOt miss out on this rare chance to capitalize on a property that blends immediate cash flow with huge growth potential. This is a must-see for any investor looking for a smart, high-reward acquisition!

MLS# 10496333 • Data provided by GAMLS
Additional home details
Living Area7,548 Sq.Ft.
Lot Size3.0 Acres
Total Rooms--
Bedrooms--
Bathrooms--
Stories--
Year Built1968
Property TypeMultifamily
ZoningRG
HOA Name--
HOA Fee--
HOA IncludesNone
Tax Year2024
Tax Amount$17,305
Property in Flood Zone--
We’ll connect you with top agents in your area.
This property is missing data for:
Comparable properties and crime reports
New
Do you own this home?
Access your homeowner dashboard
house
For Sale $3,485,000
Request tour
Save
Courtesy of Zach Taylor Real Estate
1204 Lakeview Dr NW
Conyers, GA 30012
-- Bed
-- Bath
7,548 Sq Ft
42 Days on Market

Listing Agent & Comments

Joshua AhlzadehZach Taylor Real Estate
727-692-6578josh@delzaproperties.com License #423295
Discover an Unbeatable Opportunity at RIVERA PARK Apartment Homes! Nestled in the thriving, high-growth submarket of Conyers, Georgia, just 24 miles east of Atlanta, RIVERA PARK offers an exceptional investment opportunity thatCOs ready to deliver strong returns from day one! This stabilized, high-potential asset guarantees immediate cash flow while offering incredible upside potential for savvy investors. With rents currently under market at just $1200 and 4 units vacant, thereCOs a tremendous opportunity to boost income through strategic rental increases, filling vacancies, and implementing operational efficiencies. Additionally, the propertyCOs excess land presents multiple value-creation possibilities, from development opportunities to further enhancements. This 24-unit building features exclusively spacious 2-bed, 1-bath units, each a generous 900 sqft, known for their ease of leasing, low maintenance needs, and strong demand. These units practically lease themselves and are highly sought after by renters! In 2023, the property underwent a transformative $800k+ renovation, elevating the interiors, exterior, landscaping, parking lot, and amenities, as well as adding a modern onsite office. The upgrades have made this property even more attractive, enhancing its long-term value. Priced to Sell at $3,485,000, with a recent appraisal of $4,292,905, this asset offers investors a golden opportunity to walk into instant equity. Key Highlights: * 7.6% Going-In Cap Rate * 8.8% Stabilized Cap Rate * 10%+ Cash-on-Cash Return DonCOt miss out on this rare chance to capitalize on a property that blends immediate cash flow with huge growth potential. This is a must-see for any investor looking for a smart, high-reward acquisition!

MLS# 10496333 • Data provided by GAMLS
Additional home details
Living Area7,548 Sq.Ft.
Lot Size3.0 Acres
Total Rooms--
Bedrooms--
Bathrooms--
Stories--
Year Built1968
Property TypeMultifamily
ZoningRG
HOA Name--
HOA Fee--
HOA IncludesNone
Tax Year2024
Tax Amount$17,305
Property in Flood Zone--
We’ll connect you with top agents in your area.
More Information On This Home
This home's estimated value
$616,718
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties and crime reports
New
Do you own this home?
Access your homeowner dashboard
house

For Sale $3,485,000
Request tour
Save
Courtesy of Zach Taylor Real Estate