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Langley Place

A 118-Unit Multifamily Asset


Property Highlights:

Year Built / Renovated: 1973 / N/A
Number of Units: 118 Units
Average Square Feet: 760 SF
Total Square Feet: 89,700 SF

Site Details

Site Size / Density: 7.4 Acres; 15.9 Units per Acre Parking: Ample

Unit Features

  • Fully-equipped Kitchen
  • Frost-free Refrigerator
  • Black Appliances*
  • Renovated Cabinets and Countertops*
  • Washer/Dryer Connections
  • Patio/Balcony
  • Faux Wood Vinyl Flooring*
  • Ceramic Tile Tub Surround*
  • Ceiling Fan(s)
  • Window Blinds
  • (* In select units)

Community Amenities

  • Leasing Office
  • Swimming Pool
  • Playground
  • Laundry Center
  • Mail Kiosk
  • Mature Landscaping
  • On Bus Line and Close to
  • MARTA Rail Stations

Investment Highlights:

  • Well-maintained asset with consistent high occupancy and strong in-place cash flow
  • Loss-to-lease burnoff allows considerable upside and over $150,000 in additional revenue.
  • Durable, long-lasting construction features pitched roofs, all electric utilities, and exterior entries. All units have W/D connections.
  • Within walking distance of Indian Creek and Kensington MARTA rail stations
  • Located just inside I-285 near its interchange with Memorial Drive
  • Within a five-mile radius of prolific DeKalb employers: Emory University, CDC, DeKalb Medical Center, county government complex, and downtown Decatur
  • Within a three-mile radius of numerous upscale redevelopments

To access more detailed information about this property such as the Offering Memorandum PDF or other documents please Log in or Register.

Contact Information


Barden Brown

Managing Director, Multifamily Sales and Lending
678-894-2221
barden@brownra.com

Taylor Brown

Director - Multifamily Sales and Lending
678-894-2219
taylor@brownra.com

Chandler Brown

Director, Multifamily Sales and Lending
678-894-2225
chandler@brownra.com