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Light Value-Add Multifamily Opportunity | 20 Units
$2,500,000
1980 Stanton Rd, East Point, GA 30344
For Sale
Multifamily
Garden Low Rise
Active
Last Updated: 04/01/2025
16,000 sqft
Building Size
1.6171 acres
Lot Area
Details:
Building Size: 16,000 sqft
Lot Area: 1.6171 acres
Class: C
Units: 24
Year Built: 1960
Floors: 2
Highlights:
- Mix of spacious 1 and 2 bed units with eat-in kitchens and large living rooms
- Over $950,000 in recent capital expenditures
- All units have central HVAC and are separately metered for electric & gas
- Most units have been recently updated to include new flooring AND fixtures, with updated kitchens and stainless appliances
- Centralized up and coming location with quick easy access to downtown Atlanta, I-75/85 and I-285
- On-site laundry room and plenty of storage space in basement area
- Light value-add opportunity: Complete cosmetic updates and increase rents to market
- Estimated 8% Cap Rate based on trailing 12-month NOI
Description:
Light Value-Add Multifamily Opportunity | 20 Units
East Point, GA
Documents:
| Title | ||
|---|---|---|
| Offering_Memorandum_1980_Stanton_FINAL_2.pdf |
* Documents permissions are set by the listing owner, request information to access locked documents.
Location
Gallery
