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25-Unit Value-Add Multifamily Opportunity | 3 Buildings | ±19,982 SF

25-Unit Value-Add Multifamily Opportunity | 3 Buildings | ±19,982 SF

Located in Southeast Atlanta, just minutes from nearby retail, I-285 and Atlanta International Airport, this 25-unit apartment complex is surrounded by single family residences in a beautiful, wooded setting in close proximity to Lake Charlotte Nature Preserve. Majority of units are spacious 2-bedroom units with large eat-in kitchens and plenty of closet/storage space. The property has an onsite community laundry facility and additional land in the rear of the property is that is not being utilized. All units are all electric (no gas) and have central HVAC with separate water heaters. The owner has been slowly renovating units as they become available and has completed several capital infrastructure improvements with a total cost of over $525,000 since purchasing. Tremendous value-add opportunity for a new owner to complete interior renovations and realize an above market return once the property is fully stabilized.

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