Contacts
Property Details
- Property Type Other
- Property Size 1,125 SF
- Lot Size 12.41 SF
- Year Built 1978
- Date Updated Jun 23, 2025
104 LARGE TOWNHOME-STYLE UNITS IN FAST-GROWING RIVERDALE, GA
Colliers is pleased to present Stonegate Townhomes, 104 townhome-style units located 15 minutes from Delta World Headquarters in a fast-growing submarket of Atlanta, GA. Offering large two- and three-bedroom units averaging 1,125 SF, Stonegate has a proven track record of strong demand and consistent rent growth. Recently infused with nearly $1.5 million of CapEx, the property is in excellent condition allowing new ownership to focus investment capital into revenue-generating unit interior improvements while leveraging strong effective market rent growth averaging 3.6% annually over the next 3 years, minimal new supply in the submarket, and rapid income growth (+18% over the next 5 years within a 1-mile radius) to push top-line rent growth.
The upside potential at Stonegate is still largely untapped. Approximately 50% of units are in near original condition. The remaining 50% have been recently renovated with hardwood-style floors, black appliances, modern white cabinets, backsplash, and higher-end laminate countertops to achieve proven rent premiums. There is high demand for renovated units. Looking forward, new ownership can capture projected $250/unit premiums renovating unrenovated units.
A LACK OF NEW SUPPLY AND RAPID INCOME GROWTH IS FUELING EXCELLENT MARKET RENT GROWTH
81% Occupied (as of 06/03/2025)
Reach out to the broker for more info on lease terms and amenities
Getting around
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8/100
Walk Score ®
-
18/100
Bike Score ®
Location
- City Riverdale, GA
- Neighborhood Kingswood
- Zip Code 30274
- Market Atlanta
Points of Interest
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F Gates & International Terminal
4.02 miles
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E Gates
4.16 miles
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D Gates
4.22 miles
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C Gates
4.30 miles
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B Gates
4.39 miles
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A Gates
4.49 miles
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T Gates
4.59 miles
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Domestic Terminal
4.63 miles
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Airport
4.70 miles
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College Park
5.41 miles
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BP
1.21 miles
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Shell
1.23 miles
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Texaco
1.26 miles
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Chevron
1.47 miles
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Exxon
1.52 miles
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Valero
1.65 miles
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Citgo
1.83 miles
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ChargePoint
4.96 miles
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eVgo
5.25 miles
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Electrify America
6.60 miles
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Riverdale Park & Ride
1.25 miles
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International Terminal Park-Ride
3.97 miles
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International Terminal Hourly Parking
4.03 miles
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C.W. Grant Parkway Park & Ride
4.06 miles
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Terminal South Daily
4.48 miles
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Park-Ride Reserve
4.48 miles
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Cell Phone Lot
4.50 miles
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South Hourly
4.59 miles
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Park Ride Lot C
4.63 miles
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Terminal North Hourly
4.72 miles
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Econo Lodge
1.18 miles
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Travelodge
1.27 miles
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Super 8 by Wyndham Forest Park
1.31 miles
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Hotel Magnolia
1.38 miles
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American Inn & Suites
1.43 miles
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Rodeway Inn
1.46 miles
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Quality Suites Atlanta Airport East
1.93 miles
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Knights Inn Forest Park
2.07 miles
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Budget Host Inn
2.09 miles
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Econo Lodge Atlanta Airport East
2.13 miles
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El Dixie Plaza
1.38 miles
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El Granero
1.58 miles
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Walmart Supercenter
1.71 miles
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ALDI
1.84 miles
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RIVERDALE PLAZA
1.85 miles
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Kroger
1.98 miles
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Brito Supermarket
2.47 miles
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Southlake Mall
2.79 miles
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Pavillion Plaza
3.13 miles
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Morrow Pavillion Shopping Center
3.21 miles
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