1455 Southland Vista Ct NE - Apartments FOR SALE


Atlanta, GA 30329- North Druid Hills
$1,160,000 USD
404-903-5313
1455 Southland Vista Ct NE, Atlanta, GA for Sale
$1,160,000 USD
Apartments - FOR SALE
1/8
null | 6.36% Cap Rate

1455 Southland Vista Ct NE
Atlanta, GA 30329
North Druid Hills


HIGHLIGHTS

  • Income producing residential rental property.

OVERVIEW

Welcome to 1455 Southland Vista Ct NE, a prime multifamily investment opportunity nestled in the heart of Atlanta, GA. This well-maintained property comprises six distinct units, offering a blend of comfort and convenience for both residents and investors.? Unit Composition: Units A-E: Five units, each featuring 2 bedrooms and 1 bathroom, designed with spacious layouts to accommodate modern living.? Century 21 Commercial Unit F (Cottage House): A standalone 1-bedroom, 1-bathroom cottage boasting real hardwood floors and an expansive kitchen, providing a touch of luxury and additional space. ? +1 Century 21 Commercial +1 Property Highlights: Recent Upgrades: All HVAC systems have been replaced within the last five years, ensuring efficient and reliable climate control. The main structure's roof is approximately five years old, while the cottage's roof is three years old, minimizing future maintenance concerns. ? Century 21 Commercial On-Site Amenities: The property features free parking for residents and on-site laundry facilities, enhancing tenant satisfaction and convenience. ? Lot Size: Situated on a 0.5-acre lot, the property offers a private, wooded setting, providing a serene environment for residents. ? Location Benefits: Proximity to Emory University: Located just a short drive from Emory University, the property is ideal for attracting graduate students and professionals. Additionally, the Emory campus shuttle conveniently picks up at the end of the street, providing free transportation to and from campus. ? Century 21 Commercial Nearby Amenities: Residents will appreciate the walking distance to Whole Foods and other retail options, offering a blend of urban convenience and neighborhood charm. ? Realtor Investment Potential: This property presents a compelling investment opportunity with strong cash flow potential and a strategic location poised for future appreciation. The diverse unit mix and recent upgrades reduce immediate capital expenditure requirements, allowing for a focus on maximizing rental income.? Financial Overview: Listing Price: $1,160,000? Building Size: Approximately 1,929 square feet? LoopNet Lot Size: 0.5 acres? Building Class: C? Year Built: 1966?

FOR SALE DETAILS

PRICE

$1,160,000 USD

PRICE/SF

$195 USD /SF

# OF UNITS

6

PRICE/UNIT

$193,333

CAP RATE

6.36%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Southland Vista Ct

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1966

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

RM75

APN/PARCEL ID

18-109-04-020

ASK ABOUT THIS PROPERTY

Willie AcreeBerkshire Hathaway Commercial DivisionMore Info
404-903-5313

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Willie AcreeBerkshire Hathaway Commercial DivisionMore Info
404-903-5313

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.