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Value-Add Multifamily Opportunity | 32 Units | Twin Gate Apartments | South Buckhead

41-43 25th Street
Atlanta, GA 30309
PRICE : $5,100,000
PROPERTY TYPE: Multifamily
SITE SIZE: 0.84 Acres
UNITS: 32
YEAR BUILT: 1948

Highlights

  • 32-unit value-add opportunity in prime intown location
  • All units are spacious 1 Bedroom / 1 Bath apartments
  • A few select units have been renovated to include new flooring, new kitchens, granite counter tops and more
  • Off-street parking in rear
  • Large, shared courtyard in between the two buildings
  • Popular art-deco architecture
  • Situated between I-75 and I-85 just off Peachtree Road NW in South Buckhead
  • Walking distance to SCAD, Piedmont Hospital, Amtrak Peachtree Station and several popular restaurants and shops along busy Peachtree Road
  • Easy access to I-85, I-75, Buckhead, Midtown and Downtown Atlanta

Description

Twin Gate Apartments presents investors with the rare opportunity to purchase a value-add opportunity in an A+ location. The 32-unit asset consists of two artdeco style buildings separated by a large common area courtyard in the middle and off-street parking in the rear. Located in the Brookwood neighborhood on 25th Street directly off Peachtree Road in South Buckhead, Twin Gate is just steps from Savannah College of Art and Design (SCAD), Amtrak Peachtree Station and within walking distance to Piedmont Hospital. It is also conveniently surrounded by many popular restaurants and shops. Its centralized location provides easy access to I-75, I-85, Buckhead, Midtown and West Midtown including GA Tech and Atlantic Station. Ideal value-add, condo conversion or redevelopment opportunity provided by its core location, 70% occupancy and several short-term leases with below market rents.

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