799 Piedmont Ave, Atlanta, GA 30308
11 Unit Apartment Building | $3,350,000 ($304,545/Unit) | 5.30% Cap Rate | Atlanta, GA 30308
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $3,350,000
- Property Type
-
Multifamily
- Square Feet
- 6,038 SF
Listing Contacts
Nik Hatzis
Verified Profile
Timothy Holdroyd
Verified Profile
- Property Info
Property Overview
City Realty Advisors, LLC is pleased to present 799 Piedmont Avenue NE, a truly must-see investment opportunity to purchase a fully-renovated 11-unit 100% leased multifamily apartment building in the heart of Midtown, Atlanta. Located on Piedmont Avenue, just two blocks from Atlanta’s famed Peachtree Street, a short walk to Piedmont Park and the Beltline Eastside Trail, this unique property offers astute investors an income producing asset with ongoing rent growth potential. Midtown has grown into Atlanta’s true 24/7, pedestrian-oriented core with unrivaled retail, dining, hotel, and cultural amenities as well as proximity to mass transit and an educated workforce spurring new levels of residential, retail, and office development. With over 65,000 jobs created annually in the region, Atlanta ranks as the fastest growing job market in the United States.
Property Details
- Class
- A
- Year Built/Renovated
- 1958/2021
- Stories
- 2
- Lot Size (sq. ft)
- 7,405 SF
- Units
- 11
Highlights
- Centrally located multifamily opportunity, minutes from the heart of Midtown, Piedmont Park, Ponce City Market and Beyond!
- 0.2 miles to Peachtree Street, Midtown
- 0.5 miles to Piedmont Park
- 1 mile to the Beltline and Ponce City Market
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