1247 Joseph E Boone Blvd, Atlanta, GA 30314
64 Unit Apartment Building | $6,400,000 ($100,000/Unit) | Atlanta, GA 30314
For Sale
Active
Asking Price $6,400,000
- Property Type
-
Multifamily
- Square Feet
- 43,896 SF
Listing Contacts
- Property Info
Property Overview
Rare opportunity to acquire this 64-unit, value-add multifamily property on the bustling westside of Atlanta. The property is located in a Qualified Opportunity Zone, just steps from the Westside Belt Line Trail. The property is currently underperforming and priced to sell. The surrounding neighborhood/s are drastically improving with several new developments on the forefront, including the new Westside Quarry Park and future Microsoft Development.
Property Details
- Class
- B
- Year Built/Renovated
- 1960/2008
- Stories
- 2
- Lot Size (sq. ft)
- 162,914 SF
- Units
- 64
Highlights
- 64 Unit Value-Add Multifamily in Westside Atlanta:
- Mix of 1 beds, 2 beds and 3 bed units. Partially renovated with several recent updates throughout- see page (update) for more details.
- Within walking distance to future Westside Beltline Trail. Gated with large internal grassed courtyard area.
- Located in a qualified opportunity zone- see page 13 for more details. All units have central HVAC.
- Playground in rear with large community garden and covered pavilion.
- MARTA bus line accessible. Easy access to downtown Atlanta.
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