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23764122
23764151

1944 Dunlap Avenue, East Point, GA 30344

Marcus & Millichap - Atlanta
MW
279869
Marcus & Millichap - Atlanta
JM
GA 389970
Listed by Marcus & Millichap - Atlanta
$5,000,000
406 days on market
Updated 98 days ago

Dunlap Royal Apartments

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 54,200
Units 73
Cap Rate 7.50%
Class C
Year Built 1959
Acreage 6.710

Value-Add Property in the best part of East Point

Marketing description

Marcus & Millichap is pleased to present for sale Dunlap Royal Apartments. The property offers a compelling value-add investment opportunity in one of Atlanta’s most dynamic and evolving neighborhoods. The property benefits from below-market rents, providing substantial room for revenue growth through thoughtful renovations and improved operational management. Located just minutes from Hartsfield-Jackson Atlanta International Airport and directly adjacent to the esteemed Woodward Academy, the asset is ideally situated to attract stable, long-term tenants. With its combination of strong fundamentals, strategic positioning, and untapped potential, Dunlap Royal Apartments is well-suited for investors seeking both immediate upside and long-term value.

For more information please contact Harold Shepard at [email protected] or (678) 808-2808.
Property Website: https://www.marcusmillichap.com/properties/181934/dunlap-royal-apartments

Investment highlights

► Below-market rents create immediate potential for increased income through rent adjustments

► Value-add upside through targeted renovations and improved property management

► Prime location near Hartsfield-Jackson Atlanta International Airport, attracting a steady tenant base

► Desirable proximity to Woodward Academy, one of the most prestigious private schools in the region

► Located in a revitalizing submarket benefiting from ongoing public and private investment

Property Website: https://www.marcusmillichap.com/properties/181934/dunlap-royal-apartments

Listing Contacts

Marcus & Millichap - Atlanta
MW
279869
Marcus & Millichap - Atlanta
JM
GA 389970
Listed by Marcus & Millichap - Atlanta

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Additional Information

Name
John Leonard
License
GA 252904
Title
Broker of Record
Name
Harold Shepard
License
445263
Brokerage
Marcus and Millichap
Brokerage Phone
503-953-0085
Title
Real Estate Broker
Brokerage Address
1100 Abernathy Road Northeast
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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