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1164 Alta Ave NE
Atlanta, GA 30307 Inman Park

$3,225,000 USD

Apartments For Sale  •  13,680 SF

Property Details

  • Property Type Apartments
  • Total Building Size 13,680 SF
  • Lot Size 0.52 AC
  • Building Class C
  • Year Built 1964
  • Cap Rate 6.50 %
  • Zoning RG-3
60 Transit Score
70 Walk Score

Highlights

6.5% cap rate with 100% occupancy providing immediate stable cash flow
Highly sought-after intown location convenient to both Inman Park and Little 5 neighborhoods
Recently updated offering true turnkey ownership with minimal capital needs
On-site laundry facilities and off-street parking for tenant convenience

Property Flyers

Cap Rate: 6.50 %

Major Tenants

Tenant SF Occupied Lease End Date
Inman Flats

Public Transportation

Commuter RailDriveWalkDistance
11 min - 5.6 mi
Transit/SubwayDriveWalkDistance
Inman Park/Reynoldstown (Blue Line - Metropolitan Atlanta Rapid Transit Authority (MARTA), Green Line - Metropolitan Atlanta Rapid Transit Authority (MARTA)) 1 min 9 min 0.3 mi
Edgewood/Candler Park (Blue Line - Metropolitan Atlanta Rapid Transit Authority (MARTA), Green Line - Metropolitan Atlanta Rapid Transit Authority (MARTA)) 2 min 14 min 0.7 mi
AirportDriveWalkDistance
Hartsfield - Jackson Atlanta International 19 min - 11.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Andy Lundsberg 404-876-1640 Bull Realty Inc.
Andy Lundsberg 404-876-1640 Bull Realty Inc.