Multifamily

2665 Windy Hill Place SE

Smyrna, GA 30080

Location

2665 Windy Hill Place SE, Smyrna GA 30080

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List Price$1,200,000
4 Units$300,000 per unit
Published yieldsYields UnpublishedRent coverage 75% — yields unpublished
Value-add: water recoveryListing evidence · class C
Rents3 / 4 units
Who paysWater owner · Elec tenant · Gas tenant · Trash owner
OccupancyNot in remarks
FinancialsMLS GI/NOI empty · Tax $5,921 (2025)

Not enough FMLS financials to publish cap, cash-on-cash, or DSCR in the hero. Use the calculator as a modeled scenario and request the rent roll / T-12.

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Data last updated: October 5, 2026 at 4:01 PM EST
ACTIVE
FMLS #7833157
Listing Provided By The Rezerve, LLC · 770-299-9529
Description

Property Description

Investment opportunity in the heart of Smyrna! This quadraplex features four townhome style units, each offering 2 bedrooms and 2 full bathrooms for a total of 8 bedrooms and 8 bathrooms. Three units are currently tenant occupied, while Unit C is vacant, offering flexibility for a new owner to lease the remaining unit or potentially occupy it themselves. Each two story unit features an open living and dining area, fireplace, kitchen with breakfast bar, and a loft that provides additional flex space for an office, sitting area, or bonus room. The split bedroom layouts include a bedroom and full bathroom on the main level, with an additional bedroom and bathroom upstairs. In-unit laundry connections and assigned parking add everyday convenience. Located just minutes from Truist Park and The Battery, Smyrna Market Village, I-75 and I-285, the property offers convenient access to shopping, dining, entertainment, and major commuter routes. Nearby parks and access to the Silver Comet Trail add even more to the location. With three occupied units and one currently vacant, this property presents a unique opportunity to add a four unit multifamily property in an established Smyrna location to your investment portfolio! Neighboring quadraplex building #2675 is also available for sale.
Listing facts

From this record

  • Incomplete — 3 of 4 unit rents

4 doors on the listing. Generic market notes are below the fold.

Unit Mix & Available Rent Roll

Breakdown based on data provided in the FMLS listing· HUD Small Area FMR (ZIP 30080, FY2027)shown for comparison

UnitBedsBathsMonthly RentHUD SAFMRElecGasWaterGarbMaint
Unit 122$1,825$1,930+$105NNYYN
Unit 222$1,825$1,930+$105NNYYN
Unit 322$1,825$1,930+$105NNYYN
Unit 422—$1,930NNYYN
Total4 units$5,475Y = owner-paid · — = unknown

* Rent roll information is taken from the available FMLS listing data. Many multifamily listings do not include complete or verified tenant financials. Always verify actual rents, leases, and operating expenses during due diligence. HUD Small Area Fair Market Rents (ZIP-level payment standards) are published by the U.S. Department of Housing and Urban Development and are shown for comparison only.

Scenario

Investment Calculator

Scenario only. 3 of 4 rents in FMLS — GPI blank. Do not treat the results as in-place. Override any value.

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Repairs, pest, landscaping, cleaning, admin. Water and trash are separate lines. Electric/gas off when tenant-paid.

Conventional = fully amortizing. Commercial = shorter call + balloon. Seller finance = below-market note. Cash = no loan.

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Scenario only. Yields unpublished — thin roll. Results are not in-place.

Coverage rules
  • GPI pre-fills only from MLS GI, a building-total UnitTypes row, or a rent roll covering ≥ 80% of doors.
  • A single sample rent is not averaged across the building.
  • Vacancy floor is max(5%, 100 − present occupancy in remarks).
  • Mgmt 8% at 8+ units, else 10%. Insurance $800/door. R&M $800/door.
  • Utility allowances turn on only when the who-pays grid or remarks say owner-paid.
  • SAFMR push is mix-weighted and hidden when the sample is extrapolated from thin coverage.
  • Commercial = 30% / 7% / 25-yr amort. Conventional = 25% / 7% / 30-yr. Cash = 100% equity, no debt service. CoC = NOI ÷ price.
Value-add: owner water / RUBS

Jeff’s Investment Take

Market data · October 2026

Working thesis

FMLS coverage is too thin to publish cap / CoC / DSCR. Named lever is owner-paid / master-metered water (RUBS or submeters).

  • Incomplete — 3 of 4 unit rents
Local market contextCobb County
Med. close $/door$172,50027 closed · 12 mo
Med. asking rent$1,450
Months of supply10.2Active ÷ (12-mo closed ÷ 12)
County sold gross8.9%Rent ÷ close · T12 sold tape
County asking gross8.1%Rent ÷ list · live asks
County sold NOI cap6.4%Calculator stack on closes

Modeled from available FMLS data, unit mix, and operating assumptions and Cobb County benchmarks. DSCR and cash-on-cash use conventional terms (25% down / 7% / 30-yr) for ≤4 units. Always verify with current rent roll and expenses.

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Disclaimer

Important Investment Information

Median estimated cap, cash-on-cash, and DSCR require MLS gross income or NOI, a dated broker package, a listing building total, or a unit rent roll covering at least 80% of doors. Thin records stay Incomplete — those yields are not printed in the hero or on cards. The calculator is a labeled scenario, not in-place income.

When a line is missing we use disclosed defaults only inside the calculator: vacancy floor of max(5%, 100 − present occupancy in remarks); management 8% of EGI at 8+ units otherwise 10%; insurance $800 per door; R&M $800 per door. Utility allowances turn on only if the who-pays grid or remarks say owner-paid (water $900–1,800 per door until a T-12). A single who-pays row does not set the building. We do not use an all-in “other” of $1,100 per door, and we do not average one sample rent across the building.

Rent coverage 75% — yields unpublished

Any estimated or modeled figures represent the independent analysis of Jeff Crowe / Century 21 The Avenues and are not supplied by FMLS or the listing broker.

This website and its content are for informational and educational purposes only. Nothing on this site constitutes financial, investment, tax, or real estate advice. All information is deemed reliable but not guaranteed. You should always conduct your own thorough due diligence, verify all data independently, review the physical condition of the property, and consult with your own qualified attorney, accountant, and investment advisor before making any purchase decision.