67 properties available
Somerset Apartments consist of 2 buildings totaling 24 units with 16 one bedroom units and 8 studios. These all brick charming 1920’s era buildings feature hardwood floors, common area hallways and decks, onsite laundry and off-street parking. These apartments have a strong history of high occupancy levels and strong rent growth resulting in easy management.
Currently the property is at 100% occupancy with several long term tenants. Under the current owner’s management, the property is performing at a 6.5% cap rate. Many of the units are under-rented, as compared to the current market rents, allowing for substantial upside for a new owner as leases turnover. Excellent central in town location near Midtown, Virginia Highlands and Inman Park in the popular Poncey-Highlands neighborhood. Walking distance to restaurants, parks and grocery stores with easy access to Marta, I-85 and I-75.
To view a video of the property, please go to http://youtu.be/SkXz3CSlfdI
For a full income and expense report of the property, please complete and return the Confidentiality Agreement found at the end of the package.
Please do not disturb tenants. Viewings are by appointment only.
Please contact Andy for additional details regarding this property.
Office, Retail, Multi-Family
Looking for a great location for your professional office? This approximately 3,400 sq ft I-1 zoned property, consisting of two separate buildings, is located just off Piedmont Rd south of Buckhead and north of Morningside. It is convenient to I-85, GA-400 and the Lindbergh MARTA station and easily accessed at a signalized intersection. The updated 1,100 +/- sq ft main level office features a reception area, four offices, fully equipped kitchen, hardwood floors and gated patio. Four additional suites can be rented to residential tenants to help pay the mortgage note while you occupy the main floor office. A 3x5 sign is permitted at 23 ft height. Potential Office, Multifamily or Retail.
- Excellent location at the corner off Penn and 5th Avenue in Midtown Atlanta - Approximately 4,306 sq ft multifamily apartment building built in the 1920’s - Within walking distance to Piedmont Park, Midtown shops and restaurants - Zoned R-5 (duplex) - Most recently used as a 6 unit apartment building with 4 units currently occupied - 4 one bed/one bath units and 2 studio units - Gas and Electric individually metered per unit. Water is common - Gas Heat, Window AC Please do not disturb tenants. Viewings by appointment only. For a full income and expense report of the property, please complete and return the Confidentiality Agreement found on page 7 of the flyer. Please contact Andy for additional details regarding this property.
Whether you are a first-time investor or experienced landlord, here is your opportunity to grow your portfolio in one easy, manageable deal with instant cash flow and potential for a 15%+ return on your investment. All seven homes have been recently renovated and are priced below market for a quick sale. Located in different neighborhoods thorughout South Atlanta, this portfolio offers strong risk diversification with the potential for significant future appreciation. Please do not disturb the tenants! Please contact Andy for additional details regarding this portfolio.
Vacant Land, Multi-Family
Excellent redevelopment site located on busy Memorial Drive in central Atlanta. Located less than one mile to downtown Decatur and the new Wal-mart development with easy, direct access to I-20, I-285 and downtown Atlanta. This property is currently zoned C-1, and has a Site Plan in place for a 33 unit Townhome re-development. This area of Atlanta is going through a complete revitalization with multiple new developments in the completion stage. * Located on the Northeast corner of Memorial Drive and Venice Drive * DeKalb county * Zoned C-1 * East Lake golf course is about 1/2 mile * 350 feet of frontage on Memorial Drive * Access to property from Candler Road through neighborhood behind property * Ingress/Egress on two streets * Property across Memorial Drive most likely will not be developed because of stream and required setbacks * 2 rental properties generating cash flow until ready to develop with quick vacating of properties * All utilities at site - sewer, water, electric & street lights, natural gas service and there is storm water access at the far southeast of the property
10 Unit apartment building in Midtown Atlanta available for sale at an 8.71% cap rate. The property boasts a mix of 5 large 1-bedroom, 1-bath units and 5 large 2-bedroom, 1-bath units. The property is within walking distance to restaurants, bars, retail shops, etc. This building is one block off of Peachtree Street, between Juniper Street and Piedmont Avenue. These apartments are in an excellent location in the center of Midtown Atlanta. Midtown Atlanta is one of the most cosmopolitan and dynamic districts in the South East: vibrant residential communities, diverse arts and culture, and a bustling retail center. The Midtown Improvement District boasts a thriving entertainment scene, abundant shopping and unparalleled dining selection and provides all the essential services to enhance the City of Atlanta. Please DO NOT disturb the tenants… Contact Andy for additional details regarding this property.
Looking for diversification in the market? Here’s your opportunity to buy nine houses in nine different neighborhoods throughout metro Atlanta. Properties are 100% occupied, recently renovated and consist of a mix of section 8 and conventional tenants.
Pleasant Valley Apartments consists of 9 one-bedroom and 10 two-bedroom, one-bathroom apartments situated on approximately .69 acres of land. All of the buildings are brick exterior over wood frame on concrete footings. The roofs are pitched, asphalt shingled. The property is currently vacant, which will allow an investor to make immediate improvements upon acquisition and realize cash flow once units are rent-ready. The low price per unit of the property allows for an investor to make high quality improvements raising the long term cash flow potential.
Owner financing will be considered. 3 Bedrooms 2 Bath home in great, safe neighborhood. Walk to school! Brick, fenced yard, hardwood floors. Brand New Roof! Sold for $180K in 2006! Rents for $750/month. Jefferson Park subdivision. This one won't last long! Owner is selling all residential investment property.
DO NOT DISTURB TENANTS OR EMPLOYEES-1460-1462-1494 Memorial Drive Major redevelopment opportunity. One complex is renovated and occupied netting over $100,000. A second is partially rehabbed and the third is boarded and fenced. Properties will only be marketed at current price for a short time before seller completes rehab and price increases accordingly.
Highland Gate Apartments is located at the edge of the Inman Park / Old Forth Ward neighborhoods of Atlanta. The location is already experiencing a rapid rise in popularity with numerous parks, The Beltline and Ponce City Market nearby. The property consists of 2 adjacent 8-unit buildings with a central courtyard. All renovated and upgraded apartments have an identical 1 bedroom / 1 bath (650 SF) floor plan with loft touches. The units have individual central heat and air, full size kitchens and private balconies. Utilities are separately metered (landlord pays for cold water only). The current owner did a complete renovation 10-years ago (all systems, mechanicals, roof, etc.) resulting in a turn-key offering with low operating costs.
This is a single family bulk sale of 9 rented homes located in greater Atlanta with a great cap rate! This is an investment opportunity to buy properties with tenants already in place and positive cash flow. All of the properties have been renovated this year and are located in the suburbs of Greater Atlanta.! Good quality homes that are ready for positive cash flow. These prices are at rock bottom so now is the perfect time as prices of homes are on the rise.
Stable and Appreciating Investment opportunity of an 11-unit building in the heart of the Virginia Highlands neighborhood that is walking distance to shops, restaurants and nightlife. This 1963 constructed building has floor plans that include 5 studio units, 5 one bedroom units and 1 spacious 2-bedroom townhouse unit. This is a turn-key, all brick building with an historical high occupancy. Features and amenities include hardwood floors, individual utilities (gas and electric), off-street parking and laundry on-site.
10 unit condo conversion project that was converted back to luxury rentals before being sold individually. This former short-sale included over 2 million in costs and improvements by a previous investor. The original 1967 floor plans included 12 units. During the renovation to condo quality finishes, 4 of the units were combined to two 2-story 2 bed/2.5 bath townhomes. The remaining 8 units have a spacious 1 bed/1 bath layout. This is not a typical rental property, having undergone a complete renovation including roof, parking lot, windows, plumbing, electrical, HVAC, added balconies, etc. Higher-end interior finishes include maple cabinets, stainless appliances, granite countertops, & new baths. Historic 100% occupancy. Turn key rental investment w/ a condo conversion opportunity in the future.
Bulk Sale - eight properties mostly in the city limits of Atlanta Georgia for sale. Houses are fully renovated, rented and generating $77,118 in net rental income which equates to a 10.5 percent cap rate.
Search duplexes, garden-style and large, multi-family apartment buildings for sale on Cityfeet.com. There are tens of thousands of apartment buildings for sale on Cityfeet, with apartment buildings being one of the most popular property types for Cityfeet investors. For more available apartment buildings visit LoopNet.com.