PRICE : | $4,550,000 |
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CAP RATE: | 5% |
PROPERTY TYPE: | Multifamily |
UNITS: | 17 |
Rare opportunity to purchase a recently renovated multifamily property located just three blocks away from all of the popular restaurants, bars and shops on North Highland Avenue and within walking distance to Ponce City Market, Atlanta BeltLine and Freedom Park. Select units have a hardwood floor, granite countertops, stainless steel appliances and private balconies. Units have a gas range and in-unit washer and dryer. The 17-unit property consist of (16) large 1 bedroom / 1 bathroom units and (1) studio.
Virginia-Highland is one of the most sought-after neighborhoods in Atlanta with high barriers to entry, low vacancy and strong rents. This is a highly desirable intown location within walking distance to Ponce City Market, Atlanta BeltLine and Freedom Park.