Recently Renovated Multifamily Opportunity | 40 Units | 8% Cap Rate

Investment Overview

Rare opportunity to acquire a recently renovated 40-unit multifamily community in Atlanta’s rapidly transforming Westside submarket. Situated on approximately 1.02 acres, the property consists of 2 two-story buildings totaling ±14,352 SF, featuring 40-1BR/1BA units.Originally constructed in 1965 and extensively renovated in 2023, the asset offers investors a stabilized value-add opportunity in a corridor benefiting from continued redevelopment and strong rental demand. The property is all electric (no gas) with central air conditioning, on-site laundry facility, and separately metered electric service, providing operational efficiencies and minimizing landlord utility expenses. Located along Joseph E. Boone Boulevard, one of Atlanta’s major Westside corridors, the property offers convenient access to I-20 and I-285 with convenient access to located near Downtown Atlanta, the Atlanta University Center, MARTA, Mercedes-Benz Stadium, and numerous employment centers and neighborhood amenities.

Investment Highlights

• 40-unit multifamily community
• 1BR/1BA apartments
• Built in 1965 | Renovated in 2023
• RG-3 zoning
• Central air conditioning throughout
• On-site laundry room
• Separately metered electric service
• Located in Atlanta’s growing Westside submarket
• Convenient to Downtown Atlanta