FEATURES:
Location, Location, Location! Peachtree Corners offers a bit of everything, from good school to fancy restaurants. It is a conforming townhouse style quadplex featuring 2 bedrooms and 2.5 bathrooms. They have great floorplans, exterior storage, fully fenced in backyard, huge parking lot for about 8 vehicles and all utilities separated per unit. Does the building need work? You bet it does. However, your units will rent for top dollar, you should have minimal to no maintenance and be in comparable condition to other buildings priced at 950K and above. Values of these buildings have continued to increase over the years, imagine where they will be in 10yrs…
REHAB:
Unit B and D both have fire damage from 2 different events. Unit D had kitchen fire and the worst damage is in that area. It will require a full renovation. This includes electrical, plumbing, HVAC, drywall and framing/joist around the kitchen area. There are multiple broken windows as well that have to be replaced. Unit B had a smaller fire about a month later. This unit will require a full renovation as well and the damage is not as bad as unit D. Unit A and C are unaffected by fire damage. Both units are dated and should be fully updated as well since the other 50% of the building will be completely remodeled.
COMPS:
3887 Moran Way, Peachtree Corners – Four 2bd/2.5ba units – CLOSED 10/2025 for $900,000 – 2 units recently updated
3826 Moran Way, Peachtree Corners – Four 2bd/2.5ba units – CLOSED 5/2025 for $910,000 – Updates look ~10yr old
3846 Moran Way, Peachtree Corners – Four 2bd/2.5ba units – CLOSED 2/2025 for $975,000 – Nice updates throughout the units