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1259 Pineglen Drive, Riverdale, GA 30296

$250,000
  • 1259 Pineglen Drive, Riverdale, GA 30296 Main Photo

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New to the Market New
BEDS0 BATHS MLS#10780016
STATUSNew PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONHeatherwood

Property Description

Discover a rare opportunity to acquire a fully stabilized 10-property single-family rental portfolio strategically located throughout South Atlanta and North Clayton County. This professionally managed portfolio offers immediate cash flow with an in-place 6.92% cap rate and approximately $202,000 in annual NOI. Each property has undergone extensive renovations, including roofs, HVAC systems, electrical, plumbing, kitchens, bathrooms, flooring, and other major capital improvements, significantly reducing near-term maintenance exposure. Assets are geographically concentrated within two efficient operational clusters, creating economies of scale and streamlined management. Ideal for institutional buyers, family offices, 1031 exchange investors, and portfolio operators seeking stabilized income-producing assets in high-demand rental submarkets. Complete offering memorandum, financials, and data room available upon request. Portfolio Sale Only. This property is one of ten income-producing rental assets offered as part of a bulk portfolio acquisition. Individual sales are not available.

1259 Pineglen Drive | MLS# 10780016

This multi-family property located at 1259 Pineglen Drive, Riverdale, GA 30296 is currently listed for sale with an asking price of $250,000. Search Riverdale real estate on pprange.jybrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Crawl Space
Cooling: Central Air
Garage: 1
Heating: Central
Lot Size: 0.31 Acres
Stories: 1.0
Taxes: $1,898
Year Built: 1967

Feature Descriptions

Days on Site: 4
Exterior: Wood Siding
Parking Notes: Parking Pad
Sewer: Public Sewer
Units: 1
Utilities: Electricity Individual Meters, Gas Individual Meters, Sewer Connected, Water Individual Meters
Water: Public

Local Schools

High School: North Clayton
Middle School: North Clayton
Elementary School: Martin Luther King Jr

Listed By / Shown By

Listed By

Agency Name: O. Realty, LLC
Agency Phone: 770-681-0703

Shown By

Agent Name: Pamela Prange
Agent Phone: (678) 481-4526
Agency Title: Josey Young & Brady Realty, LLC

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Estimated Payment

$ 787.47 per month $556.39 Principal & Interest $158.17 Property Tax $72.92 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/09/2026. The listing information on this page last changed on 06/09/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 06/09/2026 6:56:04 PM EST) or GAMLS (last updated Tue 06/09/2026 6:45:07 PM EST). Real estate listings held by brokerage firms other than Josey Young & Brady Realty, LLC may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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