Off-market multifamily conversion opportunity in Norcross, GA with approved plans.
๐ 5885 Oakbrook Pkwy, Norcross, GA 30093
๐ฐ Asking: $14.42M As-Is | $21.63M Finished
๐ข 178 planned units | 3 buildings, 3 stories each (interior corridor)
๐ 3.79 acres | 195 parking spaces
Planned amenities include fitness & yoga rooms, large lobby and leasing office, meeting/recreation center, outdoor pool, guest laundry, pet grooming stations, outdoor pet area, and storage/lockers.
Prime location just two turns off I-85, inside Gwinnett Village Retail Center, ~1 mile from Kroger and ~3 miles from Historic Downtown Norcross. Strong retail, employment, and population fundamentals.
โ ๏ธ Do not contact the property or onsite staff (absentee owned).
DD available upon request: rezoning resolution, site plan, survey, 3-year pro forma, and OM.