$3,384 Closing Credit¹
#10402993, Tracy Wiggins, Listing office: eXp Realty
Property details
About 1204 Lakeview Dr NW
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!
Highlights
Home typeMulti Family
HeatingCentral
StatusActive
CoolingCeiling Fan(s), Central Air
Lot size3 Acres
Year built1968
ParkingAssigned
MLS #10496333
Summary
- Basement: No
- Attached Garage: No
- Parking: Assigned
- Heating: Central
- Cooling: Ceiling Fan(s), Central Air
- List Price: $3,485,000
- HOA Amount: $0
- Annual Tax Amount: $23,504
- Tax Year: 2023
- Directions: FROM CITY: 85south to 20 East Take exit 80 toward West Ave./Conyers onto Klondike Rd SW. Go for 0.8 mi. Then 0.8 mi Continue on Almand St NW. Go for 0.1 mi. Then 0.1 mi Turn slightly right onto Rosser St NW. Go for 433 ft. Then 0.08 mi Turn left onto N Main St NW. Go for 0.2 mi. Then 0.2
- Year Built: 1968
- Lot Size: 3 Acres
- MLS Number: 10496333
- MLS Name: Georgia MLS 2
- Office Name: Zach Taylor Real Estate
- Listing Agent: Joshua Ahlzadeh
Based on information from the Georgia MLS © 2025.
All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.
DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/27/2025, 1:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$3,485,000
1204 Lakeview Dr NW
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 27, 2022 | Home Sold | $2,450,000 |
| Jul 21, 2004 | Home Sold | $1,076,379 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $431,600 | $23,504 |
| 2022 | $364,880 | $20,077 |
| 2021 | $284,600 | $14,482 |
| 2020 | $284,600 | $11,215 |
| 2019 | $284,600 | $18,048 |
| 2018 | $226,160 | $14,351 |
| 2017 | $239,000 | $15,003 |
History based on county public records data.
Nearby schools
5
Pine Street Elementary School
Public District PK-5
1.1 mi
•500 Sigman Rd NW
4
C. J. Hicks Elementary School
Public District PK-5
1.2 mi
•1300 Pine Log Rd NE
3
Shoal Creek Elementary School
Public District PK-5
2.7 mi
•1300 McWilliams Rd SW
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $50,000. Most Conyers, GA residents have annual incomes between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
40%
<35k
42%
35k-100k
17%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
37%
Single, No Kids
23%
Single, with Kids
22%
Married, No Kids
18%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
7%
12-17 yrs old
27%
18-34 yrs old
35%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Horse Races
NHRA Drag Racing
Where do the neighbors shop?
Burlington
Stein Mart
Big Lots
Where do the neighbors go to eat?
Church's Chicken
LongHorn Steakhouse
Golden Corral
What do the neighbors drive?
Chevrolet
Buick
Kia
What do the neighbors listen to?
Urban Adult Contemporary
Contemporary Inspirational
Adult Standards
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1204 Lakeview Dr NW
The listing price of 1204 Lakeview Dr NW property is $3,485,000.
The property 1204 Lakeview Dr NW is a multi located in Conyers, Georgia, 30012.
Active Listing: 1204 Lakeview Dr NW is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1204 Lakeview Dr NW are: Pine Street Elementary School (GreatSchools Rating 5/10), C. J. Hicks Elementary School (GreatSchools Rating 4/10), Shoal Creek Elementary School (GreatSchools Rating 3/10), Conyers Middle School (GreatSchools Rating 4/10), Edwards Middle School (GreatSchools Rating 5/10), Memorial Middle School (GreatSchools Rating 5/10), Rockdale County High School (GreatSchools Rating 4/10), Heritage High School (GreatSchools Rating 4/10), Salem High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2023 is $23,504 (source: MLS/based on county public records data).
The last sale was on September 27, 2022 for $2,450,000 (source: MLS/tax record).
The year of construction for 1204 Lakeview Dr NW is 1968.
This home is located at 1204 Lakeview Dr NW in Conyers, GA and zip code 30012. Features: 0 bathroom. It has been listed on Rocket Homes since April 7, 2025 and is currently priced at $3,485,000.
In May 2025 more than 22 listings in Conyers, GA were sold above the asking price. During the same period more than 30 listings were sold at asking price, while more than 46 were sold below. The number of homes for sale in Conyers, GA increased by 14.7% between April and May 2025. The median list price of listings available in May 2025 was $305,000, while the average time on the real estate market was 44 days.
From Rocket Homes Real Estate and based on county public records data.