44 Unit Multi-family Portfolio-Buckhead, ATL
44 Unit Apartment Building | $11,400,000 ($259,091/Unit) | 7.11% Cap Rate | Atlanta, GA 30305
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $11,400,000
- Property Type
-
Multifamily
- Square Feet
- 62,731 SF
Listing Contacts
Chuck Macphee Jr
Verified Profile
Megan Primrose
Verified Profile
- Property Info
Property Overview
From the heart of Buckhead, on Atlanta’s iconic Roswell Rd thoroughfare, a rare opportunity to acquire a portfolio of 44 multifamily units. The units consist of a mix of renovated and value-added opportunities to increase rents. All 44 units are 2 bedrooms, 2 bathrooms, washer and dryer in unit, storage space and 1,176 sq/ft. Inquire about available financing options. The community is nestled amongst current and future developments, many national retail tenants, and some of Atlanta’s wealthiest multimillion dollar homes. The location sees an average daily traffic count of +20k vehicles and is centrally located between Buckhead Village and the Buckhead Financial district making this an extremely desirable livable location. With high visibility and convenience, the property is situated between Piedmont Rd and Peachtree Rd and enjoys easy access to I-285, I-85 and GA 400.
Property Details
- Class
- C
- Year Built
- 1963
- Stories
- 2
- Lot Size (sq. ft)
- 143,748 SF
- Units
- 44
Highlights
- 44 Unit value add multifamily opportunity in Buckhead - Atlanta, GA | +/- 3.28 Acres
- All units 2 Bedroom | 2 Bathroom | 1,176 sq/ft | Mix of Updated and value add opportunities
- Opportunity to renovate some units and increase rental income
- Premier Location with excellent visibility and frontage on Roswell Rd, in Atlanta, GA. Centrally located between Piedmont Rd, Peachtree Rd
- RG3 Zoning - Residential Multi Family
- Inquire about available financing options
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