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For Sale

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

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

Asset Snapshot

1954
Year Built
24 Units
Unit Count
0 SF
Average Unit Size
15,072 SF
Property Size

Offering Summary

Investment Overview

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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%

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Listing Syndicated From

Buildout
For Sale
$2,160,000
Asking Price