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30-Unit Value-Add Multifamily Opportunity | Prime Upper-Westside Atlanta Location | Enclave at Riverside Village

2145 Bolton Road
Atlanta, GA 30318
PRICE : Contact Bull Realty for information
CAP RATE: 6%
PROPERTY TYPE: Multifamily
SITE SIZE: 1.79 Acres
UNITS: 30
YEAR BUILT: 1975

Highlights

  • 30-unit gated condo development for sale (current owner owns all units and rents as apartments)
  • Nice ratio of 1 & 2 bedroom units
  • Off-street parking for all units
  • All units have balconies or patios in rear
  • All units have stackable washer/dryer
  • All units have granite or tile countertops
  • Hot Upper-Westside Atlanta location
  • Walking distance to local restaurants and Spink Collins Park
  • Close proximity to new Publix-anchored shopping development
  • Easy access to I-285, Buckhead, Midtown & Downtown Atlanta
  • Value-Add opportunity through cosmetic renovations to increase rents

Description

The Enclave is a limited-access, gated community conveniently located near all that West Midtown has to offer. The site has easy access to I-285, I-75, W. Midtown & Downtown Atlanta. B’s Cracklin BBQ, Scofflaw Brewery and Nuevo Laredo are some neighborhood favorites, while a brand-new Publix-anchored development is just down the road. Outdoor living is available with numerous parks, the Chattahoochee River and several trails to explore nearby.

This value-add opportunity has huge upside potential to push rents with cosmetic renovations. Five out of the thirty units have recently been renovated. Renovations include well-equipped kitchens that include stainless steel appliances, granite countertops, new flooring and fresh paint. All units include stackable washer/dryer and balconies/patios.

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