1982-1990 NE Rockledge Rd - Apartments FOR SALE


Atlanta, GA 30324- Lindridge-Martin Manor
$1,100,000 USD
404-876-1640
1982-1990 NE Rockledge Rd, Atlanta, GA for Sale
$1,100,000 USD
Apartments - FOR SALE
1/42
null | Request Cap Rate

1982-1990 NE Rockledge Rd
Atlanta, GA 30324
Lindridge-Martin Manor


HIGHLIGHTS

  • Central Location – Quick easy access to both Buckhead proper and Midtown
  • Walkable to nearby shops, restaurants and grocery
  • Turn-key property with all heavy lifting complete
  • Easy Value-Add through cosmetic upgrades to interiors
  • Potential redevelopment site
  • Surrounded by several new developments. Strong demographics

OVERVIEW

Rare opportunity to purchase a 10-unit value-add multifamily building in Buckhead at a great price per door. The property consists of 9 studios and 1 large one bedroom unit. All units are in basic / average condition with below market rents allowing for tremendous upside potential by cosmetically upgrading units and increasing rents. The property is centrally located just off Piedmont Road with quick convenient access to both downtown Buckhead and Midtown. Surrounded by several new developments in the immediate area, the property is prime for future redevelopment. For financials, please complete the online confidentiality agreement found here: https://www.bullrealty.com/properties/sale/1521737?propertyId=1521737-sale

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$185 USD /SF

# OF UNITS

10

PRICE/UNIT

$110,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Value-Add Multifamily Opportunity | 10 Units

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1940

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

MRC-2-C

APN/PARCEL ID

17-0050-0001-013-5

ASK ABOUT THIS PROPERTY

Andy LundsbergBull Realty Inc.More Info
404-876-1640

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Andy LundsbergBull Realty Inc.More Info
404-876-1640

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