Menu Close
t r a n s l a t e

Prime Buckhead Multifamily Opportunity | 17 Units

78 Sheridan Drive NE
Atlanta, GA 30305
PRICE : $4,329,000
CAP RATE: 5%
PROPERTY TYPE: Multifamily
SITE SIZE: 0.44 Acres
UNITS: 17
YEAR BUILT: 1965

Highlights

  • 17-unit apartment complex located in the heart of Buckhead
  • Recently renovated in 2019-2020 (Over $500,000 in renovations - see page 7 for details)
  • Strong 100% occupancy
  • On and off-street parking for all units
  • All units are spacious 2 Bedroom/1 Bath layouts
  • Walking distance to The Peach (Publix - anchored shopping center), Atlanta International School and Garden Hills Elementary School
  • Just off Peachtree Road, in close proximity to high-end shopping, dining and hotels within the immediate area including The Shops at Buckhead
  • Easy access to Buckhead Village and Midtown and major thoroughfares including Peachtree Road and I-85
  • The Property is strategically - located in a high-growth, affluent and well-educated area
  • Average household income within a 1-mile radius is $152,539- more than double the national average of $68k, and some of the highest income demographics in the nation
  • 78% of the surrounding demographic is a white-collar worker with at least a bachelor’s degree

Description

Bull Realty is pleased to present this recently-renovated, 17-unit apartment building in the heart of Buckhead (Atlanta). All units are spacious 2 bedroom / 1 bath units with shared balconies or patios, in-unit laundry and off-street parking. The property is currently at 100% occupancy with several units at below-market rent, allowing for upside as units turnover. 78 Sheridan Drive is located within close proximity to fine dining, high-end shopping and Atlanta’s bustling business district. A Publix - anchored shopping center is walking distance just down the street where Sheridan and Peachtree Roads meet.

Please do not visit the property or disturb tenants without an appointment.

Request more information