1543 Hardin Ave - Apartments FOR SALE


Atlanta, GA 30337- Aerotropolis
$1,250,000 USD
678-608-2546
1543 Hardin Ave, Atlanta, GA for Sale
$1,250,000 USD
Apartments - FOR SALE
1/23
null | 7.5% Cap Rate

1543 Hardin Ave
Atlanta, GA 30337
Aerotropolis


OVERVIEW

Exceptional 8-unit apartment building in the heart of College Park, just steps from the prestigious Woodward Academy, downtown College Park, public parks, shopping, and only minutes to Hartsfield-Jackson International Airport. This fully renovated property offers a rare 7.5% cap rate and immediate cash flow with over $122,000 in annual income. The community features 8 1-bed/1-bath units. All units were fully upgraded in 2022 with quartz countertops, stainless steel appliances, Nest thermostats, and modern finishes. Most water heaters and HVAC systems are also nearly new, providing long-term efficiency and reduced maintenance. Currently, there are 2 vacant units, one of which will be left for showings and the other will be leased before closing. The remainder are leased to high-quality tenants, as units rarely sit empty due to high demand for good apartments. The property includes 12 dedicated parking spaces for the tenants. This is a turnkey, stabilized asset that combines modern renovations with a strong tenant base in a high-demand location. A prime opportunity for investors seeking reliable returns, strong appreciation potential, and cash flow from day one.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$249 USD /SF

# OF UNITS

8

PRICE/UNIT

$156,250

CAP RATE

7.5%

% LEASED

75%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Air Court Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,166 SF

ZONING

R3

APN/PARCEL ID

14-0159-0011-055-1

ASK ABOUT THIS PROPERTY

Tim HardemanHardeman Real EstateMore Info
678-608-2546

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Tim HardemanHardeman Real EstateMore Info
678-608-2546

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