PRICE : | $2,000,000 |
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CAP RATE: | 7.6% |
PROPERTY TYPE: | Multifamily |
SITE SIZE: | 0.85 Acres |
UNITS: | 20 |
Bull Realty is pleased to present a recently-renovated, 20-unit apartment community located in the Atlanta submarket of College Park. The property offers a great location on the border of East Point and College Park with easy access to both city centers.
The property consists of 4 buildings. All 20 units were recently renovated in 2019. There is potential for a 21st unit, that is currently in shell conditional, that offers upside potential for a new owner upon completion. Renovations include new roofs, windows, electric and plumbing and all new interiors. All units have central HVAC and off-street parking. The complex also features an on-site laundry facility, on-site leasing office and a large community courtyard that provides a relaxing environment.