Skip to content

Cobb County Multifamily Buyer

Sell Your Commercial Property In Cobb County, GA

Cobb County sits northwest of Atlanta and includes Marietta, Smyrna, and Kennesaw, plus the Cumberland office district and The Battery Atlanta. Lockheed Martin, Kennesaw State University, and Wellstar Health System support a deep suburban apartment market of garden and mid-rise communities.

  • Clear feedback on your deal, typically within 48 hours
  • 5 to 100+ units, stabilized or distressed, listed or off-market
  • Owners, agents, and brokers welcome — every conversation is confidential

We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits

Cities We Cover: Marietta · Smyrna · Kennesaw · Mableton — County seat: Marietta

Local Market Data

Cobb County Apartment Market

Figures gathered October 2026 from public market data.

If you plan to sell commercial property in Cobb County, GA, start with the renter base size. Cobb County counts 97,524 renter households, a 33.0% share of the county's 295,714 occupied homes, per the Census Bureau's 2020-2024 American Community Survey. Marietta, inside Cobb County, posts a far higher 52.8% renter share, while Smyrna and Kennesaw also carry sizeable renter pools.

Apartment supply is growing too. Units in Cobb County buildings of five or more units reached 69,677, or 22.2% of the housing stock, up 7.9% from the 2015-2019 survey. Median gross rent in Cobb County climbed to $1,730, a 43.9% jump over the same five years, and rental vacancy sits at 5.3%. Rents and vacancy shift from Marietta to Mableton, numbers worth checking before you list.

$1,730 Median gross rent Cobb County, ACS 2020-2024
33.0% Renter households 97,524 of occupied homes, ACS 2020-2024
22.2% Units in 5+ unit buildings 69,677 units, ACS 2020-2024
5.3% Rental vacancy rate Cobb County, ACS 2020-2024 (DP04)
+43.9% Rent growth Median gross rent, 2015-2019 to 2020-2024
$1,762 HUD 2BR Fair Market Rent Atlanta metro FMR area, FY2027
775,208 Population Up 3.2% from 2015-2019
01

Rent up 43.9% in five years

Cobb County's median gross rent rose from $1,202 to $1,730 between the 2015-2019 and 2020-2024 ACS surveys.
02

A deep Marietta renter base

Marietta's renter share reached 52.8% of occupied households in the 2020-2024 ACS, the highest of Cobb County's covered cities.
03

Population passed 775,000

Cobb County grew 3.2% to 775,208 residents between the 2015-2019 and 2020-2024 Census surveys, adding 23,990 people.

Who rents in Cobb County

Renters head 97,524 of Cobb County's 295,714 occupied households, a 33.0% share in the 2020-2024 ACS. Owners hold the larger group, at 198,190 households. Marietta alone accounts for 13,049 renter households, a 52.8% share of its own occupied homes, the highest renter concentration among the cities covered here.

Smyrna and Mableton each hold just over 10,000 renter households, with Smyrna at a 40.6% share and Mableton at 35.4%. Kennesaw's renter base is smaller, at 4,801 households, also a 35.4% share. Cobb County's renter households fell 1.9% since the 2015-2019 survey, even as Cobb County's population grew 3.2% to 775,208.

Rents, growth and affordability

Cobb County's median gross rent rose 43.9%, from $1,202 to $1,730, between the 2015-2019 and 2020-2024 surveys. Median household income in Cobb County grew 31.8% over the same span, to $102,738, so rent outpaced income gains. Units in 5+ unit buildings grew 7.9%, adding 5,090 units, to 69,677.

Rent burden remains heavy in Cobb County. In the 2020-2024 ACS, 50.1% of Cobb County renters paid 30% or more of income on gross rent. HUD's FY2027 two-bedroom Fair Market Rent for the Atlanta-Sandy Springs-Roswell area is $1,762, effective October 1, 2026, just $32 above Cobb County's median gross rent. Rental vacancy in Cobb County stands at 5.3%, tight enough that owners rarely need deep concessions to fill units. Smyrna's median household income, $100,061, runs close to the countywide figure, while Marietta's $72,725 median trails it by a wide margin.

City-by-city comparison

Marietta leads Cobb County's covered cities on apartment density, with 39.8% of its housing stock in buildings of five or more units. Smyrna follows at 31.9%, while Kennesaw and Mableton trail near 19.4% and 16.4%.

CityMedian gross rentRenter shareShare of units in 5+ buildingsRental vacancy
Marietta$1,58652.8%39.8%5.2%
Smyrna$1,73940.6%31.9%5.6%
Kennesaw$1,84535.4%19.4%7.0%
Mableton$1,47235.4%16.4%5.8%

Rent in these Cobb County cities ranges from $1,472 in Mableton to $1,845 in Kennesaw. Kennesaw also posts the highest vacancy among the four, at 7.0%, while Marietta's 5.2% rate is the tightest alongside Smyrna's 5.6%.

Mableton's renter share, 35.4%, matches Kennesaw's exactly, though Mableton's population of 77,678 is more than double Kennesaw's 34,605. Both cities sit inside Cobb County but post lighter apartment stock than Marietta or Smyrna.

Property taxes and assessment in Cobb County

Cobb County apartment buildings, like all Georgia real property, are assessed at 40% of fair market value under O.C.G.A. Section 48-5-7, with values set annually under Section 48-5-6. The Cobb County Tax Assessor's office handles the valuation, and appeals run through the county board of equalization.

Confirm the current millage rate and any exemptions directly with the Cobb County assessor's office before you price a sale, since rates can shift year to year. Buyers underwrite the post-sale assessment, not your current bill, so a strong sale price in Cobb County can raise the parcel's taxable value for the next buyer.

Georgia's real estate transfer tax applies when the deed records: $1.00 for the first $1,000 of value plus 10 cents for each additional $100, under O.C.G.A. Section 48-6-1. On a $2,000,000 Cobb County sale, that tax runs about $2,000, due at the Cobb County Clerk of Superior Court when the deed is filed.

What this means if you sell in Cobb County

When you sell commercial property in Cobb County, GA, you are selling into a county where renters hold 33.0% of households and 22.2% of units sit in 5+ unit buildings. Selling commercial property in Cobb County, GA also means pricing against a 5.3% rental vacancy rate, tight enough that buyers will test your actual rent roll rather than discount for vacancy risk.

Georgia law keeps rent levels a market matter: O.C.G.A. Section 44-7-19 bars Cobb County and its cities from enacting rent control on private rental housing. As a multifamily buyer in Cobb County, GA, we review 5+ unit buildings from Marietta to Mableton as they stand today. Send a current rent roll, a T-12 and the latest tax statement, and we will price the building on those numbers.

Local Knowledge

Selling Multifamily In Georgia

What we factor into every Cobb County offer:

More about Georgia →
  • Georgia bars local rent control under O.C.G.A. Section 44-7-19, so market rents apply countywide.
  • Security deposits must return within 30 days of regaining possession under O.C.G.A. Section 44-7-34.
  • Rental vacancy runs 5.3% countywide; have trailing occupancy ready for buyer underwriting.
  • Confirm the current millage rate with the Cobb County Tax Assessor before pricing a sale.

Property Tax

Property Tax In Cobb County For Apartment Owners

Homeowners in Cobb County pay a median of $2,720 a year in property tax on a median home value of $407,200, an effective rate of about 0.67%, according to the Census Bureau’s 2020-2024 American Community Survey. That is below the Georgia statewide average of 0.79%.

How property tax works in Georgia: classes, assessment and appeals →
Estimate a building’s tax bill with the property tax calculator →
  • Those figures describe owner-occupied homes. An apartment building can be assessed on a different basis or in a different class, so its bill as a share of value may differ.
  • A sale can reset the assessed value. Before you price a Cobb County building, check how Georgia reassesses property after a transfer and model the buyer’s new tax bill.
  • Pull the actual tax bill from the Cobb County assessor or tax collector. City, school and special-district levies stack on top of the county rate.

Learn More

Taxes & Rules For Cobb County Property

The Georgia rules that shape any deal in Cobb County: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.

Our Buy Box

What We Buy In Cobb County

Full Buy Box

Asset Type

Multifamily, 5+ Units

Apartment buildings and income-producing residential.

Size

5 – 100+ Units

Sweet spot: 15–25 units.

Condition

Stabilized To Distressed

Value-add, mismanaged, and high-vacancy properties welcome.

Deal Types

Listed Or Off-Market

Direct-to-owner, pocket listings, portfolios.

How Selling To Us Works

  1. 01

    Submit The Deal

    Send the address, unit count, asking price, and a rent roll or T-12 if you have them.

  2. 02

    Initial Review

    We review it against our buy box and give clear feedback — typically within 48 hours.

  3. 03

    Underwriting & LOI

    If it fits, we underwrite in detail and submit a written letter of intent.

  4. 04

    Diligence & Close

    Inspections and financing on the agreed timeline, then a professional, predictable closing.

Cobb County Seller FAQ

Does Cobb County have rent control?

No. O.C.G.A. Section 44-7-19 bars Cobb County and its cities from enacting any ordinance that regulates private residential rent levels. Owners set rents by lease terms and market demand, part of why Cobb County's median gross rent rose 43.9% between the 2015-2019 and 2020-2024 ACS surveys.

How are apartment buildings taxed in Cobb County?

Georgia law assesses real property, including apartment buildings, at 40% of fair market value under O.C.G.A. Section 48-5-7, with values set annually under Section 48-5-6. The Cobb County Tax Assessor's office handles valuations and exemptions, so confirm the current millage rate before pricing a sale.

How high is rental vacancy in Cobb County?

Rental vacancy in Cobb County was 5.3% in the Census Bureau's 2020-2024 American Community Survey. Among the cities covered here, Kennesaw ran highest at 7.0% and Marietta lowest at 5.2%, a gap buyers weigh against a building's own leasing history.

What should I know before I sell commercial property in Cobb County, GA?

Renters hold 33.0% of Cobb County's 295,714 occupied households, and 22.2% of units sit in 5+ unit buildings. Rental vacancy runs 5.3%, so buyers will test your rent roll against that rate rather than assume vacancy risk.

How do I sell commercial property in Cobb County, GA?

Send the address, unit count, and any financials. We review Cobb County apartment buildings of 5+ units, give feedback typically within 48 hours, and follow with a written letter of intent if it fits.

Do you buy apartment buildings throughout Cobb County?

Yes. We evaluate multifamily properties across Cobb County, including Marietta, Smyrna, Kennesaw, and Mableton, as well as smaller towns and unincorporated areas. Every property is reviewed on its own fundamentals.

What size Cobb County properties do you buy?

Apartment buildings and income-producing residential properties with 5 or more units. Our sweet spot is 15–25 units, and we review larger communities with capital partners.

Will you buy a property that needs work or has high vacancy?

Yes. We underwrite value-add, mismanaged, and distressed properties as they are today — no repairs or lease-up required before selling.

Can I sell rental property in Cobb County with tenants in place?

Yes. We buy apartment buildings with tenants in place and keep existing leases intact. As a commercial real estate buyer focused on 5+ unit properties, we underwrite the current rent roll as it stands.

Do I need a broker to sell my apartment building in Cobb County?

No. You can work with us directly, or your broker can bring the deal to us. Either way, conversations stay confidential.

How do property taxes factor into a Cobb County offer?

Property is assessed at the county level (the county seat is Marietta), within Georgia rules. Georgia property is assessed at 40% of fair market value, and a sale can lead the county to reassess. We factor the likely post-sale assessment into our offer.

Submit A Deal

Have A Property In Cobb County?

Tell us about it. Owners, agents, brokers, and deal finders are all welcome — conversations are confidential.

Skyline Capital Investments

Tell Us About
Your Property

Call Text Submit Deal Invest