Under Contract

375 Winding River Drive

Atlanta, GA 30350

$2,500,000 $10,540/Mo

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Overview

Bed

Bath

0.45

Acre(Lot)

Description

375 Winding River, located in the vibrant community of Sandy Springs, Georgia. This stabilized asset presents investors with an opportunity for reliable rent and the option to increase rents as units turn. The property features a standalone building comprised of 12 spacious units, each offering 3 bedrooms and 2 bathrooms. Located in the high-demand Sandy Springs market, this asset benefits from strong demographics and a growing need for quality housing. Whether your strategy is steady cash flow or long-term appreciation, this property is well-positioned to deliver. Also, as part of a professionally managed condominium development, it offers added stability and ease of ownership. Rental Upside Opportunity Recently renovated units have achieved rents of approximately $2,400 per m onth, up from previous rents near $1,950 per month. Comparable renovated units in the surrounding area have achieved rents exceeding $2,500 per month, demonstrating clear upside as units turn. Additional Value Indicator A 2025 third-party appraisal valued the units at approximately $253,000 per unit, suggesting a potential aggregate value exceeding $3MM if sold individually. Large 3 Bedroom Floorplans 12 spacious units consisting entirely of 3 bedroom, 2 bathroom layouts totaling approximately 18,816 square feet. Large unit sizes appeal to families and long-term tenants in the Sandy Springs submarket. Individually Deeded Condominium Units Each unit has its own tax parcel, providing potential exit flexibility through individual unit sales. The property is part of the Winding River Village condominium community. HOA Maintained Exterior The association is responsible for exterior maintenance including the roof, siding, landscaping, parking areas, and common areas, creating a simplified operational structure for ownership. Don’t hesitate to reach out if you have additional questions or need further details.

Property Details

Property Type : Residential Income

Price : $2,500,000

AD Id : 63617110

MLS Id : 7549344

Lot Size : 0.45 Acre

Year Built : 1970

County : Fulton

Subdivision: Osage Annex

Map

What's Nearby

Nearby Areas

Features

Flooring Information

Other
Roofing Information

Shingle
Interior Features

Roof: Shingle Window Features: Bay Window(s)
Heating & Cooling

Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: Ceiling Fan(s)

Building Information

Year Built: 1970 Construction Materials: Brick Private Pool: No View: Other

Lot Information

Lot Dimensions: 18816 Lot Size Acres: 0.45 Lot Size Source: Owner Lot Description: Other

Property Information

Subdivision: Winding River Village Condominium Comple Source Property Type: Residential Income Levels: Two Property Age: 56

Listing Price Information

Listing Price: $2500000 Original Price: $2850000

Tax Information

Parcel Number: 06 036700041909 Tax Year: 2024 Annual Tax: $24082 Tax Legal Desc: All those certain condominium units located in Building 375, Winding River Village Condominium, a condominium community located in Land Lot 367 of the 6th District, Fulton County, Georgia, being Units A through L (inclusive), as shown on the condominium plat and floor plans recorded in Condominium Plat Book

Parking Information

Attached

Garage Information

Has Attached Garage: Yes

School Information

Elementary School: Dunwoody Springs

Junior High School: Sandy Springs

Senior High School: North Springs
Utility Information

Other
Location Information

Direction: Turn right onto Roswell Road (GA-9). Take the first left onto Winding River Drive. (It's shortly after Northridge intersects with Roswell Rd) Follow Winding River Drive to Building 375. Building 375 will be on the left side, near the end of the development. WaterSource: Public Security Features: Security Service

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ByOwner last updated this listing 06/10/2026 @ 02:48

MLS: 7549344 LISTED BY: Stephan Dickie, Atlanta Leasing & Investment 404-348-4448 SOURCE: First Multiple Listing Service (FMLS)