Sold by Social Realty
Photo 1 of 5066 Phillips Drive, Forest Park GA 30297

$250,000

5066 Phillips Drive, Forest Park GA 30297

Forest Park, GA, 30297

Listing Courtesy of: O. Realty, LLC

About this home

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.

Property type
Multi Family
Year built
1940
Lot size
0.27 ac
Annual tax
$3,347
MLS #
10840639

Recently sold

Which sold homes to show
Lowest
$47,000
Median
$148,500
Highest
$275,000
  • $169,900

    Sold Oct 24, 2026

    616 Forest Hill Path, Forest Park GA 30297

    3 bd · 2 ba · 1,216 sq ft

    Listing Courtesy of: Beycome Brokerage Realty LLC

  • $177,500

    Sold Oct 16, 2026

    6177 Crestview Lane, Forest Park GA 30297

    4 bd · 1 ba · 1,079 sq ft

    Listing Courtesy of: Realty Hub of Georgia, LLC

  • $95,000

    Sold Oct 15, 2026

    4119 Tara Drive, Forest Park GA 30297

    3 bd · 1 ba · 925 sq ft

    Listing Courtesy of: Neighborhood Realty LLC

  • $249,000

    Sold Oct 14, 2026

    803 Port A Prince Court, Forest Park GA 30297

    4 bd · 2 ba · 1,225 sq ft

    Listing Courtesy of: SouthSide, REALTORS

  • $242,000

    Sold Oct 9, 2026

    6592 Port A Prince Drive, Forest Park GA 30297

    5 bd · 2 ba · 1,850 sq ft

    Listing Courtesy of: Cornerstone Real Estate Partners

  • $220,000

    Sold Oct 2, 2026

    5686 Skyland Drive, Forest Park GA 30297

    4 bd · 3 ba · 1,798 sq ft

    Listing Courtesy of: Keller Williams Realty Atl. Partners

18 more sales in the last 6 months.

Lowest
$47,000
Median
$165,000
Highest
$349,900
  • $118,000

    Sold Oct 1, 2026

    684 Virginia Circle, Forest Park GA 30297

    3 bd · 2 ba · 1,259 sq ft

    Listing Courtesy of: Crye-Leike, Realtors

  • $102,500

    Sold Sep 29, 2026

    4705 Ernest Drive, Forest Park GA 30297

    3 bd · 1 ba · 1,853 sq ft

    Listing Courtesy of: RE/MAX Advantage

  • $79,900

    Sold Sep 25, 2026

    780 North Avenue, Forest Park GA 30297

    3 bd · 1 ba · 1,032 sq ft

    Listing Courtesy of: LKV Realty

  • $185,500

    Sold Sep 22, 2026

    5132 Warner Street, Forest Park GA 30297

    4 bd · 2 ba · 1,440 sq ft

    Listing Courtesy of: Keller Williams Realty Atl. Partners

  • $110,000

    Sold Sep 21, 2026

    5539 Ash Street, Forest Park GA 30297

    3 bd · 1 ba · 974 sq ft

    Listing Courtesy of: Tall Timbers Realty & Financial Serv

  • $142,000

    Sold Sep 18, 2026

    766 Pineridge Drive, Forest Park GA 30297

    3 bd · 2 ba · 1,643 sq ft

    Listing Courtesy of: TC Realty Group LLC

17 more sales in the last 6 months.

Lowest
$300,000
Median
$399,900
Highest
$7,900,000
  • $399,900

    Sold Oct 21, 2026

    412 Seashell Court # 15, Statham GA 30666

    4 bd · 3 ba

    Listing Courtesy of: Georgia Realty Group

  • $620,000

    Sold Oct 20, 2026

    207 Jordan Cofer Road, Statham GA 30666

    3 bd · 4 ba · 2,714 sq ft

    Listing Courtesy of: A. Johnson's Realty & Co

  • $803,000

    Sold Oct 19, 2026

    2007 Tallassee Road, Statham GA 30666

    3 bd · 3 ba · 2,248 sq ft

    Listing Courtesy of: Southern Classic Realtors

  • $348,000

    Sold Oct 16, 2026

    56 Edith Court, Statham GA 30666

    4 bd · 3 ba · 2,159 sq ft

    Listing Courtesy of: Signature Real Estate of Athens

  • $875,000

    Sold Oct 15, 2026

    845 Commons Park, Statham GA 30666

    3 bd · 4 ba · 3,134 sq ft

    Listing Courtesy of: Georgia Realty Group

  • $870,000

    Sold Oct 15, 2026

    502 Navan Lane, Statham GA 30666

    4 bd · 5 ba · 2,911 sq ft

    Listing Courtesy of: Coldwell Banker Upchurch Realty

11 more sales in the last 6 months.

These are past sales of other homes, not an estimate of this home’s value.

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Sold by Social RealtyReal Estate Reimagined · South Metro Atlanta950 Eagles Landing Pkwy, Ste 206Stockbridge GA, 30281info@soldbysocial.com470-260-7653License #300708
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