166 Anderson Ave NW - Apartments FOR SALE


Atlanta, GA 30314- Dixie Hills
$2,250,000 USD
404-723-4464
166 Anderson Ave NW, Atlanta, GA for Sale
$2,250,000 USD
Apartments - FOR SALE
1/22
null | Request Cap Rate

166 Anderson Ave NW
Atlanta, GA 30314
Dixie Hills


HIGHLIGHTS

  • Total Units: 21
  • 19 units are 2 bed/1 bath (760 ft²)
  • 2 units are 3 bed/1 bath (1,222 ft²)
  • Occupancy: Approximately 95%
  • Renovated in 2022 — upgrades include interiors, mechanical systems, and exterior improvements
  • Functional layouts that cater to a wide tenant base, including working professionals and small families

OVERVIEW

166 Anderson Ave presents a stabilized, recently renovated multifamily opportunity in the evolving Dixie Hills submarket. With a healthy mix of 2BR and 3BR units and 95% occupancy, the asset is well-positioned for immediate cash flow and long-term appreciation. Its proximity to MARTA, green space, infrastructure improvements, and nearby development activity places it at the forefront of a submarket on the rise. Investors seeking solid fundamentals with upside in a growing West Atlanta corridor will find strong value here.

FOR SALE DETAILS

PRICE

$2,250,000 USD

PRICE/SF

$135 USD /SF

# OF UNITS

21

PRICE/UNIT

$107,143

CAP RATE

Request Cap Rate

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

37

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,216 SF

ZONING

RG3

APN/PARCEL ID

14-0174-0009-041-6

ASK ABOUT THIS PROPERTY

Marco WelchMetropolitan Multifamily & InvestmentsMore Info
404-723-4464

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Marco WelchMetropolitan Multifamily & InvestmentsMore Info
404-723-4464

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