Receiver Sale: Spring Creek Apartments | Atlanta MSA

Highlights:

• Massive Upside Potential on Exit: Spring Creek previously sold for $133,000/unit in August 2022
• 75% of Units are 2BR & 3BRs: Fits the average household size of local demographic
• Primed for Value-Add Upside: All 118 units are in near original condition with laminate countertops, white cabinets, and white appliances
• Large Units: Spring Creek averages 1,081 SF
• Nearby Communities Achieving Over $1,300/Unit: Multiple competitive communities are achieving average rents above $1,300/unit with minimal interior upgrades
• $101,200 Average Household Income: Within a 5-mile radius of the property

Description:

Ri Marketplace Online Auction May 4th-6th, 2026
Register to bid on Marketplace:

https://rimarketplace.com/auction/3095/multifamily/decatur/ga?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=multifamily_3095

Colliers, in conjunction with RealINSIGHT Marketplace, are pleased to present for sale Spring Creek, a 118-unit garden-style multifamily community located in Decatur, Georgia. Currently unoccupied, new ownership has the unique ability to transform and reposition the property quickly and efficiently while capitalizing on strong submarket fundamentals (94.3% occupancy), minimal new supply, and excellent population growth in Atlanta.

Positioned just inside of I-285, residents have easy access major employers such as Delta World HQ (40,000 jobs), Emory Decatur Hospital/Emory University (33,500 jobs), and Hartsfield-Jackson International Airport (21,000 jobs).


The platform fee for this transaction is the greater of 5.00% or a minimum of $25,000.

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