10 Unit Multifamily Near Downtown Atlanta | ±5,136 SF | Bank-Owned | English Avenue
$1,050,000
407 Sunset Ave NW, Atlanta, GA 30314
5,136 sqft
Building Size
0.26 acres
Lot Area
Details:
Description:
Bull Realty is pleased to present this bank-owned, 10-unit apartment complex in English Avenue, just south of West Midtown and Georgia Tech and near Downtown Atlanta. The property consists of eight 1 BR / 1 BA and two 2 BR / 1 BA units and is currently 60% occupied, offering a clear value-add opportunity.
Of the four vacant units, one is newly renovated and rent-ready, while the remaining three require cosmetic improvements including flooring, paint, cabinets and select appliances. Recent property improvements include a new roof, windows, heat pumps, cabinets, doors, low-flow toilets, fresh paint and luxury vinyl tile flooring.
The property is located approximately five minutes from I-85, Georgia Tech and Mercedes-Benz Stadium, with convenient access to Downtown Atlanta, Midtown, West Midtown, Atlantic Station and Buckhead. Nearby developments include the Westside Beltline Trail, just one block away; Quarry Yards, less than one mile away; 300-acre Westside Park; and Rodney Cook Sr. Park.
With historically strong occupancy, affordable rents, and significant nearby development, the property offers investors an attractive opportunity to renovate, stabilize occupancy and increase income in a rapidly transforming Atlanta intown neighborhood.
This property is located in West Midtown, Atlanta.
Documents:
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| Offering_Memorandum.pdf |
Location
Gallery
