Menu Close
t r a n s l a t e

100% Occupied | 8-Unit Multifamily Opportunity | West Midtown

865 Fox Street NW
Atlanta, GA 30318
PRICE : $1,150,000
PROPERTY TYPE: Multifamily
SITE SIZE: 0.20 Acres
UNITS: 8

Highlights

  • 8-unit multifamily complex in West Midtown
  • All units are 2 bedroom / 1 bath
  • Recently renovated in 2020
  • Interior renovations include: updated kitchens and bathrooms, luxury vinyl plank flooring, new cabinets, stainless steel appliances, granite counter tops and tile finishes
  • Exterior renovations include: new roof, installation of a commercial security system, privacy fence, cantilever gate, fresh paint and refurbished parking lot
  • Strong 100% occupancy rate
  • Part of the City of Atlanta's Housing Choice Voucher Program (Section 8)
  • Located in a Qualified Opportunity Zone
  • Located less than 1 mile away from Quarry Yards, a new mixed-use project and park planned for the area
  • One block from Westside Atlanta BeltLine Connector Trail and the Bankhead Marta Station
  • Located less than 3 miles from Downtown Atlanta, Midtown and Atlantic Station
  • Less than a 10-minute drive to Georgia Tech, Mercedes-Benz Stadium, CocaCola Headquarters, State Farm Arena, Emory University, Centennial Olympic Park, and Georgia State University

Description

Ava’s Place Apartments is an 8-unit apartment complex located in West Midtown, just minutes from Downtown Atlanta. The property consists of eight 600 SF, (2) bedroom, (1) bath-units. 50% of the property is rented to market rate tenants and the other 50% is rented under Section 8 (Atlanta’s Housing Choice Voucher Program is a unit-based rental subsidy program for low and moderately low income individuals and families). With a strong 100% occupancy rate, the property offers affordable rent in a rapidly-growing area.

The property was recently renovated in 2020 and includes a new roof, fresh new paint, brand new kitchens and bathrooms, new flooring, mechanicals as needed, privacy fence, cantilever gate, refurbished parking lot and more.

The community is just a 5-minute drive to I-85, Georgia Tech, Mercedes-Benz Stadium - and many other Atlanta attractions. West Midtown is an evolving neighborhood that is only a short drive to Downtown Atlanta, Midtown, Atlantic Station and Buckhead. New developments are also flooding the area including the recently Microsoft-acquired Quarry Yards (located less than a mile away), the new Westside Park (300-acres) and the Westside Atlanta BeltLine Trail.

Request more information