Menu Close
t r a n s l a t e

21-Unit Multifamily Opportunity | Recently Renovated | Atlanta, GA

166 Anderson Ave
Atlanta, GA 30314
PRICE : $3,500,000
PROPERTY TYPE: Multifamily
SITE SIZE: 0.51 Acres
UNITS: 21
YEAR BUILT: 1965

Highlights

  • 21-unit multifamily complex located in Atlanta, GA
  • Located adjacent to Anderson Park
  • Two floor plans that include: (19) 2 Bed/1 Bath and (2) 3 Bed/1 Bath
  • Recently renovated
  • On-site parking for all units
  • All units have washer and dryer connections for a stackable unit
  • All units are electric
  • Located in Fulton County
  • Located two miles south from Bellwood Quarry, which Microsoft is developing into 90 acre campus
  • Located just 4 miles south of West Midtown
  • Located less than 2 miles from I-20 and 4 miles from I-85
  • Located 5 miles west from Downtown Atlanta and 12 miles north from Hartsfield-Jackson Atlanta International Airport

Description

Bull Realty is pleased to present this intown, 21-unit apartment complex. The complex is fully renovated and consists of (19) 2 bedroom/1 bathroom units and (2) 3 bedroom/1 bathroom units. The units have been given an energy efficient rating by the Atlanta Housing Authority. The property undergone an extensive renovation including new roofing, new windows, new plumbing, new electrical, upgraded bathrooms, upgraded kitchens and new HVAC systems.

The property is located in the vibrant area of West Atlanta, the property is centrally located to Atlanta’s existing and upcoming economic centers, as well as local gems Anderson Park and KIPP Atlanta Collegiate Academy. The location is also centrally located to Atlanta’s existing and upcoming economic centers. The property is located five minutes from the upcoming Microsoft Quarry Yards Campus and 10 minutes from the Atlanta Tourist District featuring: Mercedes Benz Stadium, State Farm Arena, The Georgia World Congress Center, The Georgia Aquarium and The College Football Hall of Fame.

The property has already achieved strong rents. There is an opportunity for continued rent growth as initial demand for the property has been strong. The property is over 95% occupied with rents that are close to the top of the market.

Request more information