Kensington Road

Property info

Redevelopment of 6 acres to 242 multifamily units

Land Redevelopment
  • 3367 Kensington Rd, Decatur, GA 30032
  • Units: 6 acres
  • Construction Year: Land
  • Purchase Price: $ 1,200,000.00
  • Purchase Date: Jun 2017
  • Sale Date: Dec 2019
$ 3,000,000.00Sale Price
$400,000.00Operation Costs
$1,400,000.00Profit
103%IRR
Rent Average

Scope of Work

Rezoning process from residential to mixed use development for 288 multifamily units and retail.