375 Winding River Dr Units A-L 375 Winding River Dr Immeuble residentiel 12 lots 2 455 247 € (204 604 €/Lot) Atlanta, GA 30350

375 Winding River Drive provides a lucrative multifamily investment within the vibrant community of Sandy Springs, Georgia. This stabilized asset presents investors with an opportunity for reliable rent and the option to increase rents as units turn. The owner has recently increased rents from $1,950/month to $2,400/month on turned units, demonstrating clear upside potential as leases renew.

375 Winding River Drive features a standalone building comprised of 12 spacious units, each offering 3 bedrooms and 2 bathrooms, across a total of 18,816 square feet. Whether seeking steady cash flow or long-term appreciation, this property is well-positioned to deliver. Also, as part of a professionally managed condominium development, it offers added stability and ease of ownership.

Situated in Sandy Springs, 375 Winding River Drive benefits from proximity to major streets and highways. The property has immediate access to Highway 9, with convenient connections to Highway 19, Highway 140, and Interstate 285. Additionally, it benefits from strong demographics and a growing need for quality housing. Within 5 miles, the robust population of more than 196,000 wields an average household income of more than $143,000. With over 40% of locals currently renting their homes, household segment spending exceeded $553 million during 2024.

Sandy Springs is known for its robust rental market, driven by its dynamic mix of urban amenities, suburban appeal, and employment opportunities. Tenants at the property can enjoy convenient access to numerous national retail locations, and golf enthusiasts will find themselves nestled between top-rated courses, including Cherokee Creek and Dunwoody Country Clubs, and the Steel Canyon Golf Club. Downtown Atlanta is also reachable in less than 30 minutes, providing access to world-class shopping, dining, and entertainment opportunities.