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30885456
30885457

45 Sheridan Dr NE, Atlanta, GA 30305

CK
GA GA 408600, CA CA 3417384
Matthews
AG
GA 3421373
Matthews
Listed by Matthews
$3,450,000
119 days on market
Updated 26 days ago

French Quarter Apartments

Details
Property Type Multifamily
Sub Type Apartment Building
Net Rentable (SqFt) 9,200
Units 23
Cap Rate 7.54%
NOI $132,177
Year Built 1967
Acreage 0.300

Renovated 23-Unit Buckhead Multifamily with Airbnb Upside and Prime Location

Investment highlights

  • Airbnb Opportunity: 3 fully furnished units allowing for Airbnb rental opportunity.

  • Smart Home Features: Wired & Wi-Fi internet with smart home locks for resident convenience.

  • Operational Upside: Significant operational upside and long term appreciation potential.

  • Recent Renovations: Little to no capex needs with significant capital improvements made to both the exterior and interiors of the property including granite countertops, stainless steel appliances, updated lighting, vinyl plank flooring, etc.

  • Onsite Laundry: Onsite laundry facilities available for residents.

  • Prime Buckhead Location: Surrounded by high-quality shopping, dining, and hotels within the immediate Buckhead trade area, including The Shops at Buckhead, Lenox Square Mall, and Phipps Plaza.

  • Affluent Demographics: Median Household Income within a mile radius of just under $100,000.

  • Business District Access: Situated in Atlanta’s Buckhead submarket, one of the Southeast’s premier business districts with over 28 million SF of office inventory and a high concentration of Class A corporate tenancy.

  • Excellent Connectivity: Immediate access to Peachtree Road and Piedmont Road (GA-237), with connectivity to GA-400 and I-85, providing efficient access to Midtown (±4 miles) and Downtown Atlanta (±7 miles).

  • Transit Access: Proximate to MARTA’s Buckhead and Lenox rail stations, offering direct transit connectivity to Midtown, Downtown, and Hartsfield-Jackson Atlanta International Airport.

Listing Contacts

CK
GA GA 408600, CA CA 3417384
Matthews
AG
GA 3421373
Matthews
Listed by Matthews

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$132,177.00
$11,014.75/mo

Valuation Metrics

0
DSCR
3.83%
Cap Rate
3.83%
ROI

Map

Zoning

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RG-2 ResidentialMulti FamilyResidential General
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Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Maxx Bauman
License
80041, 451849
Brokerage
Matthews Real Estate Investment Services, Inc
Brokerage Phone
(866) 889-0550
Title
Broker of Record
Brokerage Address
3060 Peachtree Rd NW, Ste 1450, Atlanta, GA 30305
Name
Connor Kerns
License
GA 408600
Brokerage
Matthews
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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