39-Unit Value-Add Multifamily Opportunity in Decatur, GA off Memorial Drive
1609 Line St
Decatur, GA 30032
FOR SALE
Property Type:
MultiFamily ApartmentsAmount:
$4,875,000
Last Verified:
Apr 30, 2024Highlights
- Prime location just south of Decatur off of Memorial Drive (Inside I-285)
- Value-add opportunity to renovate units and increase rents (4 units recently renovated)
- Mix of 1 bed/1 bath flats, 2 bed/1.5 bath townhomes and 3 bed/1.5 bath townhomes
- Spacious floorplans with eat-in kitchens, large bedrooms and private outdoor space
- On-site laundry
- All units have individual central HVAC
- Open greenspaces throughout
- Abundant parking for residents
- Easy access to Decatur, Kirkwood, Oakhurst, East Lake, I-285 and I-20
Description
39-unit, value-add, multifamily opportunity in prime location just south of Decatur off of Memorial Drive (Inside I-285). Mix of spacious 1 bed/ 1 bath flats, 2 bed/ 1.5 bath townhomes and 3 bed/1.5 bath townhomes. Abundant parking for residents, onsite laundry and open greenspaces throughout.
Decatur, GA
Year Built: 1965
Building Size: 50192sq ft
Lot Size: 3.44 acres