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11-Unit Value-Add Multifamily Opportunity | Prime Virginia-Highland Location

996 Greenwood Avenue NE
Atlanta, GA 30306
PRICE : $1,540,000
PROPERTY TYPE: Multifamily
SITE SIZE: 0.23 Acres
UNITS: 11
YEAR BUILT: 1960

Highlights

  • Offering consists of 11 units in 1 building
  • Interior corridors with coded access
  • All units include balconies/patios
  • Off-street parking in rear with alley access
  • On-site laundry
  • Hardwood floors
  • 10′ ceilings
  • Excellent location in highly sought-after Virginia-Highland neighborhood
  • Walking distance to popular bars and restaurants, Ponce City Market and the Atlanta BeltLine and Freedom Park
  • High barriers to entry, low vacancy and strong rents
  • Below market rents = financial upside potential as units turnover
  • Value-Add opportunity through cosmetic renovations to increase rents

Description

Prime multifamily opportunity within walking distance to Ponce City Market, Atlanta Beltline and Freedom Park. This 11-unit property is 100% occupied in one of the most sought-after markets in Atlanta. Units feature on-site laundry, hardwood floors and rear parking with alley access.

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