True Value-Add Opportunity | West End Neighborhood | 24 Units

2099 Martin Luther King Junior Drive Northwest, Atlanta, GA 30310

Accepting Offers
True Value-Add Opportunity | West End Neighborhood | 24 Units True Value-Add Opportunity | West End Neighborhood | 24 Units True Value-Add Opportunity | West End Neighborhood | 24 Units True Value-Add Opportunity | West End Neighborhood | 24 Units
Asking Price

$2,160,000

True Value-Add Opportunity | West End Neighborhood | 24 Units

2099 Martin Luther King Junior Drive Northwest, Atlanta, GA 30310

Details

Arabic Arabic Bengali Bengali English English French French Hebrew Hebrew Hindi Hindi Indonesian Indonesian Mandarin Chinese Mandarin Chinese Portuguese Portuguese Russian Russian Spanish Spanish Urdu Urdu

Asset Type: Real Estate

Estate: Fee Simple

Land Area: 0.65 Acres

Property Size: 15,072 SF

Property Type: Multifamily

Year Built: 1954

Number of Units: 24

Investment Highlights

  • True-value add opportunity in the West End area of Atlanta
  • All units are 2 bed / 1 bath floor plans
  • All rents are significantly below market allowing for immediate upside as units turnover
  • Most all units are in classic condition with some upgrades to select units
  • All units have central HVAC with in-unit laundry connections
  • Separately metered for electric and gas. Water is common
  • Located directly across from the historic Westview Cemetery
  • Marta bus access in front of property
  • Easy access to I-20, downtown Atlanta and the popular West End Neighborhood
  • Pro Forma Cap Rate: 8.5%

True Value-Add Opportunity | West End Neighborhood | 24 Units

-

Sale FAQs

Investment Sales Broker

Andy Lundsberg

Andy Lundsberg

Bull Realty, Inc.

Phone: XXXXXXXXXX

Email: XXXXXXXXXXXXXXXXXXX

Other Listings

See All Listings