Menu Close
t r a n s l a t e

17-Unit Multifamily Opportunity | Walking distance to Downtown Virginia Highlands & Atlanta Beltline

1115 Ponce De Leon Ave NE
Atlanta, GA 30306
PRICE : $4,550,000
CAP RATE: 5%
PROPERTY TYPE: Multifamily
UNITS: 17

Highlights

  • 17-unit multifamily complex in the heart of Virginia-Highland neighborhood
  • Consists of (16) spacious 1 bedroom / 1 bathroom and (1) studio
  • All units were recently renovated
  • Units include hardwood floors, granite countertops, stainless steel appliances and private balconies
  • Gas range with in-unit washer and dryer
  • 3 blocks from popular restaurants, bars and shops on North Highland Ave
  • Less than 1 mile from the Atlanta BeltLine Trail and Ponce City Market

Description

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.

Request more information