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For Auction

Creekside Forest Apartments

3000 Ember Drive,
Decatur, GA 30034

Asset Snapshot

Real Estate
Asset Type
Multifamily
Property Type
Garden
Multifamily Subtype
276 Units
Unit Count
881 SF
Average Unit Size
26%
Occupancy

Investment Highlights

276-Unit Garden Community on 21.59 Acres
Three-story, 1972-vintage asset totaling 288,750 SF at a low 12.8 units per acre on one parcel.
Family-Oriented One- to Three-Bedroom Mix
Floorplans include 55 one-bedroom, 151 two-bedroom and 70 three-bedroom units averaging 881 SF.
Lender-Owned REO Offering a Basis Reset
Sold by the lender after the prior owner's 2025 Chapter 11, giving buyers a fresh cost basis entry.
Renovated Systems With Interior Upside
2019 work updated HVAC, plumbing and electrical, leaving unit interiors and amenities as upside.
Minutes to I-285 and Hartsfield-Jackson
Panthersville site sits 12.9 mi from Hartsfield-Jackson and 5.6 mi from the Decatur MARTA station.
Gated Community With Utility Bill-Backs
Water, sewer, trash and pest fees are billed back, with pool, playground and a basketball court.

Offering Summary

Brokered by Colliers International and powered by RealINSIGHT Marketplace, Creekside Forest Apartments at 3000 Ember Drive is a 276-unit, garden-style multifamily community on 21.59 acres in the Panthersville submarket of south DeKalb County. Built in 1972 and renovated in 2019 with updated HVAC, plumbing and electrical systems, the three-story property totals 288,750 SF across a family-oriented mix of 55 one-bedroom, 151 two-bedroom and 70 three-bedroom units averaging 881 SF. Current asking rents range from $1,100 to $1,400, and residents are billed back for water, sewer, trash and pest control. Unit interiors and common-area amenities present clear value-add runway for an operator focused on stabilization and rent growth. Amenities include a gated entry, pool, playground, basketball court and picnic areas. The site sits within Tax Allocation District #5 Southwest DeKalb, near Candler Road and I-285, with four MARTA bus lines within half a mile and direct access to Hartsfield-Jackson, Decatur and downtown Atlanta employment.

Due Diligence

Location

12.9 mi
To Hartsfield-Jackson Int'l Airport
5.6 mi
To Decatur MARTA rail station
4
MARTA bus lines within 0.5 mi

Transaction Managers

Platform Fee

Buyer pays a minimum platform fee of 5% or $25,000 at closing.

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Auction Opens In
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Investment Sales Brokers

Will Mathews
Colliers
GA License: 347512

Disclaimers

The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.