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Newly Renovated 16-Unit Multifamily Opportunity

$3,100,000

720 Formwalt St SW, Atlanta, GA 30315

Active
Last Updated: 01/19/2024

8,650 sqft

Building Size

14,362 acres

Lot Area

Details:
Building Size:    8,650 sqft
Lot Area:    14,362 acres
Class:    C
Units:    16
Year Built:    1960
Floors:    1
Highlights:
  • Conveniently located just minutes from Downtown Atlanta, I-85 and Summerhill
  • Full rehab to include the following-
  • All plumbing and sewer lines
  • All new electrical service from the street
  • All new mechanicals (mini-splits)
  • New windows, doors and roofs and exterior paint
  • New interiors to include granite countertops, stainless appliances
  • New paving and landscaping
  • Off-street parking
  • In-unit laundry
  • Mix of 2/1’s (7) and 2/2’s (8) along with (1) one-bedroom ADA unit
  • Rear-fenced dog-run area
  • Attractive Assumable Debt at 5.73% interest
Description:

Newly Renovated 16-Unit Multifamily Opportunity with Attractive assumable Debt.

Atlanta, GA

Map:
Documents:
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Offering_Memorandum_compressed.pdf
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