Off-market multifamily conversion opportunity in Norcross, GA with approved plans. 📍 5885 Oakbrook Pkwy, Norcross, GA 30093 💰 Asking: $14.42M As-Is | $21.63M Finished 🏢 178 planned units | 3 buildings, 3 stories each (interior corridor) 📐 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. ⚠️ 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.

A 9 unit just became available right in my backyard. I’m talking with the listing agent who is a close friend for years and getting some preliminary information. Asking $779,000 so not a large capital raise. Not currently offering seller financing I would love to discuss partnership with an individual or individuals. As it’s my backyard and my wife already manages a family owned portfolio of single family homes in our area it would be self managed by us. We already have a great local network of handymen, landscapers, and a great rapport with the municipality. Please text me at +1 (716) 218-5969 or email me at ksmith4884@yahoo.com. I’m currently on the road for work through December 18th so it may be a bit spotty as I go globetrotting for my airline gig. Looking forward to this venture as it will be my first multifamily deal if everything pans out. Then onto bigger and better things.

Is 5% for down payment on a 1million dollars deal to little? If yes, what would be a fair percentage? Thanks in advance

2 months in, got my fist LOI accepted 🔥 The Deal Spits out $3500-4000 cash flow Day1! Looking for 2 LPs! Deal is extremely safe/straightforward, fully renovated already and cash flow heavy. Let me know if this an opportunity that you me be interested in. Thanks!

@Christian Osgood I would like to review a deal on the call tomorrow. What do I share and where? Please advise.