
Virginia-Highland Value-Add Multifamily
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Virginia-Highland Value-Add Multifamily Portefeuille de immeuble residentiel à vendre 3 biens 7 468 036 € Atlanta, GA



Certaines informations ont été traduites automatiquement.
INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- This performing multifamily portfolio provides a total of 48 apartment units within Atlanta’s sought-after Virginia-Highland neighborhood.
- Currently, units in the portfolio average rents of $1,295/month, while renovated 1br units in the submarket trend around $1,650-1,800/month.
- Units are in classic condition, allowing the value-add upside to renovate the units and bring rents to meet the growing submarket average.
- These communities place tenants within walking distance of popular restaurants, shops, and bars on North Highland Ave and the Ponce City Market.
RÉSUMÉ ANALYTIQUE
Seize this rare opportunity to acquire a true value-add multifamily portfolio in the heart of the highly sought after Virginia-Highland Neighborhood of Atlanta with 890-896 and 905 Greenwood Avenue, and 944 & 945 St Charles Avenue. The portfolio totals 48 units, all early 60’s construction, with masonry exteriors and ample parking on professionally landscaped lots.
All the units are in semi-original/classic condition, allowing for significant value-add potential by renovating units and increasing rents. Current rents average only $1,295 per month across the portfolio, while rents for renovated one-bedroom apartments in the submarket range from $1,650-$1,800.
The communities enjoy an A+ location within walking distance of all the popular restaurants, shops and bars on North Highland Avenue, as well as the Eastside Beltline Trail, Ponce City Market, nearby grocery and more. The portfolio also benefits from proximity to Emory University, making it convenient for both students and young professionals alike.
All the units are in semi-original/classic condition, allowing for significant value-add potential by renovating units and increasing rents. Current rents average only $1,295 per month across the portfolio, while rents for renovated one-bedroom apartments in the submarket range from $1,650-$1,800.
The communities enjoy an A+ location within walking distance of all the popular restaurants, shops and bars on North Highland Avenue, as well as the Eastside Beltline Trail, Ponce City Market, nearby grocery and more. The portfolio also benefits from proximity to Emory University, making it convenient for both students and young professionals alike.
INFORMATIONS SUR L’IMMEUBLE
Prix | 7 468 036 € | Nb de biens | 3 |
Prix/m² | 2 042 € / m² | Individuellement en vente | 0 |
Type de vente | Investissement | Surface totale de l’immeuble | 3 658 m² |
Statut | Actif | Surface totale du terrain | 0,37 ha |
Prix | 7 468 036 € |
Prix/m² | 2 042 € / m² |
Type de vente | Investissement |
Statut | Actif |
Nb de biens | 3 |
Individuellement en vente | 0 |
Surface totale de l’immeuble | 3 658 m² |
Surface totale du terrain | 0,37 ha |
Biens
NOM DU BIEN/ADRESSE | TYPE DE BIEN | SURFACE | ANNÉE DE CONSTRUCTION | PRIX INDIVIDUEL |
---|---|---|---|---|
Greenwood Apartments
890-896 Greenwood Ave, Atlanta, GA 30306 |
Immeuble residentiel | 1 623 m² | 1960 | - |
905 Greenwood Ave, Atlanta, GA 30306 | Immeuble residentiel | 483 m² | 1961 | - |
St. Charles Apartments
944 & 954 St Charles Ave, Atlanta, GA 30306 |
Immeuble residentiel | 1 552 m² | 1960 | - |
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Virginia-Highland Value-Add Multifamily
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