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3781 Mlk Jr Dr SW
Atlanta, GA 30331 Bankhead-Bolton

$3,150,000 USD

Multifamily For Sale  •  20,750 SF

Property Details

  • Property Type Multifamily
  • Total Building Size 20,750 SF
  • Year Built 1966
  • Cap Rate 6.52 %
40 Transit Score
40 Walk Score

Highlights

Significant Capital Investment: Ownership invested $1.3M on a full gut renovation with everything new on the building other than the exterior shell
Assumable Freddie Mac Financing: Current in place assumable agency financing with a 4.24% interest rate and over 6 years of remaining term
Attractive Floorplans: All of the units are spacious two or three bedroom townhome style floorplans
Washer/dryer connections: Every unit includes laundry hookup
Gated Community With Security Features: Gated with control access and new video surveillance system
Convenient Access to I-285 and I-20: Provides easy connectivity to Downtown, Hartsfield Jackson Airport
Cap Rate: 6.52 %

Public Transportation

AirportDriveWalkDistance
Hartsfield - Jackson Atlanta International 27 min - 18.3 mi
Austin Graham 407-463-9752 Matthews Real Estate Investment Services
Austin Graham 407-463-9752 Matthews Real Estate Investment Services