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t r a n s l a t e

Intown 12 Unit Multifamily Opportunity

195 Powell Street
Atlanta, GA 30316
PRICE : $2,500,000
PROPERTY TYPE: Multifamily
SITE SIZE: 0.28 Acres
UNITS: 12
YEAR BUILT: 1964

Highlights

  • Recently gut renovated with high end finishes
  • All 2 bed / 1 bath units with balconies
  • All units upgraded with quartz counter tops and stainless appliances
  • All new systems, electrical service, plumbing, kitchens, baths, etc.
  • Stacked washer/dryer in all units
  • Coded controlled entry
  • Off-street parking in rear
  • Excellent location in the popular Cabbagetown neighborhood
  • Low market vacancy

Description

195 Powell Street is a charming 12 unit apartment building that has been recently gut renovated with condo quality finishes. All units have been updated with quartz counter tops, stainless appliances, all new systems, electrical, plumbing, kitchen, baths, etc.

The property is situated near a popular section of the Memorial Drive corridor in the Cabbagetown neighborhood near Grant Park. The area hosts many trendy restaurants and is in close proximity to the Atlanta BeltLine.

High barriers to entry and low vacancy have resulted in rising rents making Grant Park and the surrounding area one of the most sought after neighborhoods in Atlanta.

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