1204 Lakeview Drive Nw, Conyers, GA 30012
Local realty services provided by:ERA Towne Square Realty, Inc.
1204 Lakeview Drive Nw,Conyers, GA 30012
$3,485,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: joshua ahlzadeh
Office: zach taylor real estate
MLS#:10496333
Source:METROMLS
Price summary
- Price:$3,485,000
About this home
Discover an Unbeatable Opportunity at RIVERA PARK Apartment Homes! Nestled in the thriving, high-growth submarket of Conyers, Georgia, just 24 miles east of Atlanta, RIVERA PARK offers an exceptional investment opportunity thatCOs ready to deliver strong returns from day one! This stabilized, high-potential asset guarantees immediate cash flow while offering incredible upside potential for savvy investors. With rents currently under market at just $1200 and 4 units vacant, thereCOs a tremendous opportunity to boost income through strategic rental increases, filling vacancies, and implementing operational efficiencies. Additionally, the propertyCOs excess land presents multiple value-creation possibilities, from development opportunities to further enhancements. This 24-unit building features exclusively spacious 2-bed, 1-bath units, each a generous 900 sqft, known for their ease of leasing, low maintenance needs, and strong demand. These units practically lease themselves and are highly sought after by renters! In 2023, the property underwent a transformative $800k+ renovation, elevating the interiors, exterior, landscaping, parking lot, and amenities, as well as adding a modern onsite office. The upgrades have made this property even more attractive, enhancing its long-term value. Priced to Sell at $3,485,000, with a recent appraisal of $4,292,905, this asset offers investors a golden opportunity to walk into instant equity. Key Highlights: * 7.6% Going-In Cap Rate * 8.8% Stabilized Cap Rate * 10%+ Cash-on-Cash Return DonCOt miss out on this rare chance to capitalize on a property that blends immediate cash flow with huge growth potential. This is a must-see for any investor looking for a smart, high-reward acquisition!
Contact an agent
Home facts
- Year built:1968
- Listing ID #:10496333
- Updated:January 10, 2026 at 12:28 PM
Heating and cooling
- Cooling:Ceiling Fan(s), Central Air
- Heating:Central
Structure and exterior
- Year built:1968
- Lot area:3 Acres
Schools
- High school:Rockdale County
- Middle school:Conyers
- Elementary school:Flat Shoals
Utilities
- Water:Public, Water Individual Meters
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$3,485,000
- Tax amount:$17,303 (2024)
New listings near 1204 Lakeview Drive Nw
- New
$320,000Active5 beds 3 baths2,730 sq. ft.2812 Lee Ct, Conyers, GA 30012
MLS# 7702127Listed by: AMERICAN REALTY PROFESSIONALS OF GEORGIA, LLC. - Coming Soon
$340,000Coming Soon3 beds 3 baths1714 SW Prospect Way, Conyers, GA 30094
MLS# 10669641Listed by: Keller Williams Rlty First Atl - New
$287,900Active4 beds 2 baths2,206 sq. ft.734 Havenridge Drive Sw, Conyers, GA 30094
MLS# 10669593Listed by: Tammy Farmer Real Estate - New
$74,990Active-- beds -- baths2822 SE Briar Hill Lane Se, Conyers, GA 30013
MLS# 10669603Listed by: Young & Company Real Estate - New
$274,900Active-- beds -- baths4604 Highway 20 E, Conyers, GA 30012
MLS# 10669630Listed by: eXp Realty - New
$85,000Active1 beds 1 baths700 sq. ft.1496 Pine Log Road Ne #A, Conyers, GA 30012
MLS# 10669546Listed by: Virtual Properties Realty.com - New
$408,510Active4 beds 3 baths2,416 sq. ft.308 Abbotts Crossing Circle, Conyers, GA 30094
MLS# 10669117Listed by: DRB Group Georgia LLC - New
$1,495,000Active-- beds -- baths846 Park Place, Conyers, GA 30012
MLS# 7701394Listed by: NATHAN'S REALTY - New
$399,990Active4 beds 3 baths2,235 sq. ft.113 Maplewood Lane, Conyers, GA 30094
MLS# 7701696Listed by: ROCKHAVEN REALTY, LLC - New
$445,000Active4 beds 3 baths2,875 sq. ft.1938 Highway 212 Sw, Conyers, GA 30094
MLS# 10669001Listed by: Virtual Properties Realty.com