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Value-Add Opportunity in the heart of Virginia-Highland Neighborhood

$1,420,000

905 Greenwood Ave NE, Atlanta, GA 30306

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Last Updated: 03/26/2025

4,656 sqft

Building Size

0.2339 acres

Lot Area

Details:
Building Size:    4,656 sqft
Lot Area:    0.2339 acres
Class:    C
Units:    8
Year Built:    1961
Floors:    1
Description:

Rare opportunity to acquire a true value-add multifamily in the heart of the highly sought after Virginia Highland neighborhood of Atlanta. This A+ location is walking distance to all of the popular restaurants, shops and bars on North Highland Ave and also the Eastside Beltline Trail, Ponce City Market and more. All units are in basic/classic condition allowing for significant value add by renovating units and increasing rents. Current rents average only $1259 per month. Rents for renovated 1-bedroom apartments in the area range from $1650-1800.

This property is located in Atlanta, GA.

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Documents:
Title
Offering_Memorandum_905_Greenwood.pdf
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