375 Winding River Drive, Atlanta, GA 30350

Property Description

375 Winding River, located in 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 property features a standalone building comprised of 12 spacious units, each offering 3 bedrooms and 2 bathrooms. Located in the high-demand Sandy Springs market, this asset benefits from strong demographics and a growing need for quality housing. Whether your strategy is 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. Rental Upside Opportunity Recently renovated units have achieved rents of approximately $2,400 per month, up from previous rents near $1,950 per month. Comparable renovated units in the surrounding area have achieved rents exceeding $2,500 per month, demonstrating clear upside as units turn. Additional Value Indicator A 2025 third-party appraisal valued the units at approximately $253,000 per unit, suggesting a potential aggregate value exceeding $3MM if sold individually. Large 3 Bedroom Floorplans 12 spacious units consisting entirely of 3 bedroom, 2 bathroom layouts totaling approximately 18,816 square feet. Large unit sizes appeal to families and long-term tenants in the Sandy Springs submarket. Individually Deeded Condominium Units Each unit has its own tax parcel, providing potential exit flexibility through individual unit sales. The property is part of the Winding River Village condominium community. HOA Maintained Exterior The association is responsible for exterior maintenance including the roof, siding, landscaping, parking areas, and common areas, creating a simplified operational structure for ownership. Don’t hesitate to reach out if you have additional questions or need further details.