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1988 Plaza Ln SW
Atlanta, GA 30311 Campbellton Road

Price Upon Request

Apartments For Sale • 350,430 SF

Property Details

Property Type Apartments
Total Building Size 352,230 SF
Lot Size 21.01 AC
Building Class C
Year Built 1969
Zoning RG3, Atlanta

40 Transit Score

60 Walk Score

                
                    Highlights
                
                                ATTRACTIVE ASSUMABLE AGENCY DEBT: Assumable senior and supplemental loans at a blended 4.45% interest rate at 90%+ LTV.
                            
                                DESIRABLE UNIT MIX: Spacious one-, two-, and three-bedroom floor plans averaging 1,027 square feet.
                            
                                OPPORTUNIT Y TO INCREASE RENTS TO MARKET: Competitors’ rents out pace subject’s market rents by $166+.
                            
                                INTERIOR VALUE-ADD: 100% of units can be updated to a consistent modern standard. Based on comps we expect a $200 premium.
                            
                                SUBSTANTIAL CAPITAL INFUSION More than $3.3 million, or $9K+ per unit, has been invested in asset preservation, curb appeal, and resident experience.
                            
                                LOCATED IN A QUALIFIED OPPORTUNIT Y ZONE: The property is located in a federally designated Qualified Opportunity Zone.

Amenities

24 Hour Access
Air Conditioning
Balcony
Cable Ready
Clubhouse
Day Care
Dishwasher
Disposal
Laundry Facilities
Microwave
Picnic Area
Property Manager on Site
Washer/Dryer Hookup
Heating
Grill
Pet Play Area
Ceiling Fans
Eat-in Kitchen
Kitchen
High Speed Internet Access
Refrigerator
Oven
Range
Tub/Shower
Views
Carpet
Yard
Maintenance on site
Vinyl Flooring
Window Coverings
Public Transportation

Public Transportation

Commuter Rail	Drive	Walk	Distance
	18 min	-	9.3 mi
Airport	Drive	Walk	Distance
Hartsfield - Jackson Atlanta International	16 min	-	8.4 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	401
Type:	Surface
Included in Rent:	Yes

Dylan Andone 888-334-4622 Berkadia Commercial Mortgage LLC

1988 Plaza Ln SW Atlanta, GA 30311 Campbellton Road