Light Value-Add Multifamily Opportunity | Metro Atlanta | 20 Units
1980 Stanton Rd
East Point, GA 30344
FOR SALE
Property Type:
MultiFamily ApartmentsAmount:
$2,500,000
Last Verified:
Apr 09, 2025Daily Email Blast
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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 | Metro Atlanta | 20 Units
East Point, GA
Year Built: 1960
Building Size: 16000sq ft
Lot Size: 1.62 acres
