Recently Renovated, 16-Unit, Multifamily Opportunity in Inman Park
1164 Alta Ave NE
Atlanta, GA 30307
FOR SALE
Property Type:
MultiFamily ApartmentsAmount:
$3,760,000
Last Verified:
Jul 25, 2024Daily Email Blast
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Highlights
- 6.5% cap rate, 100% occupancy
- 16 units in highly sought after Inman Park neighborhood of Atlanta
- Consists of fourteen spacious 2 bed/1 bath units and two 1 bed/1 bath units
- Recently renovated, turn-key ownership
- On-site laundry with off-street parking
- Great location-walkable to both Inman Park and Little 5 Points restaurants, bars and shops
Description
Bull Realty presents this stabilized 16-unit in-town investment opportunity at an attractive 6.5% cap rate. This property features fourteen spacious 2 bedroom/1 bathroom units and two 1 bedroom/1 bathroom units, all recently renovated and 100% occupied resulting in turn-key ownership. Amenities include on-site laundry facilities and off-street parking. Located in the highly sought-after Inman Park neighborhood, the property enjoys proximity to both Inman Park and Little Five Points. This prime location allows residents to easily walk to a diverse array of restaurants, bars and shops enhancing the appeal for tenants and ensuring a vibrant community atmosphere.
Recently renovated, 16-unit, multifamily opportunity in Inman Park.
Year Built: 1964
Building Size: 13680sq ft
Building Class: C
Lot Size: 0.52 acres
