- For Sale Contact for pricing
- Property Type Multi-Family
- Property Size 127,558 SF
- Units 118
- Lot Size 9.92 Acre
- Parking Spaces Avail. 300
- Parking Ratio 2.35 / 1,000 SF
- Year Built 1972
- Date Updated May 14, 2026
Description
- 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
- Excellent Population Growth: Atlanta is projected to grow by nearly 1 million people by 2040
- Minimal New Supply: Within a 5-mile radius of the property. The lack of new supply will fuel rapid future Class B rent growth
- Immediate Access to I-285 and I-20: Easy commuter access to major employers in suburban and downtown Atlanta
- Proximate to Kensington MARTA Station: Spring Creek is less than 10 minutes away
- 10 Minutes from Downtown Decatur: Residents are close to unique amenities, restaurants, bars, and entertainment
- 15 Minutes from Downtown Atlanta: Atlanta is home to 16 Fortune 500 headquarters and a labor force of over 3.3 million people
- Auctioneer: Lamar P. Fisher Fisher Auction Company Inc. License: AUNR003157
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Contacts
RI Marketplace Marketing
RealINSIGHT Marketplace
Location
Located at 3841 Austin Circle, Decatur, GA 30032, this property is part of the Austin Park neighborhood and Atlanta market.
Contact Listing Broker
RI Marketplace Marketing
RealINSIGHT Marketplace
