Listed by Bull Realty
$12,950,000
Value-Add Multifamily Opportunity | 136 Units
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 122,111
Units 136
Cap Rate 9.00%
Price per SqFt $106
Class B
Year Built 1965
Buildings 20
Stories 2
Acreage 7.800
Zoning RM
Parking Spaces spaces
Investment Type Value Add
Ground Lease No
Value-Add Multifamily Opportunity | 136 Units
Marketing description
Investment highlights
Well Located Asset: Walking distance to nearby retail, schools and park and close proximity to Atlanta Hartsfield International Airport with easy access to I-75/I-85 and I-285. Easy access to I-20, within minutes to Downtown Atlanta
High Growth Area: Up and coming neighborhood with strong rental demand
Majority of Heavy Lifting Complete: Exteriors are completed with around 65% of interiors finished
Value-Add Potential: With approximately 65% of the units complete, there is significant meat on the bone for a new owner in completing interior renovations
Tenant Amenities: On-site Leasing Office, Gated In-Ground Pool & Gated Playground Area
Listing Contacts
Listed by Bull Realty
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