2045-2065 Alison Ct SW - Apartments FOR SALE


Atlanta, GA 30311- Campbellton Road
$7,982,435 USD
503-953-0085
2045-2065 Alison Ct SW, Atlanta, GA for Sale
$7,982,435 USD
Apartments - FOR SALE
1/19
null | Request Cap Rate

2045-2065 Alison Ct SW
Atlanta, GA 30311
Campbellton Road


HIGHLIGHTS

  • Below-market rents offer immediate potential for income growth
  • Strong operational value-add through improved management and efficiency
  • Located on the MARTA bus line, providing easy public transit access
  • Close proximity to Hartsfield-Jackson Atlanta International Airport, a major regional employment hub

OVERVIEW

This property is offered for sale as a portfolio with Dunlap Royal Apartments located at 1944 Dunlap Avenue, 1951 Vesta Avenue, 1954 Dunlap Avenue, 1963 Vesta Avenue, 1947 Dunlap Avenue, 1955 Dunlap Avenue, 1957 Vesta Avenue, and 1961 Dunlap Avenue in East Point, GA 30344. The properties can be sold separately. Marcus & Millichap is pleased to present for sale Alison Court. The property presents a well-positioned value-add opportunity in the Atlanta multifamily market. With current rents below market averages and clear operational upside, the property offers investors the chance to significantly enhance performance through strategic management and rent optimization. Located along a MARTA bus route and minutes from Hartsfield-Jackson Atlanta International Airport, the property benefits from excellent connectivity and consistent tenant demand, making it an ideal candidate for long-term growth and repositioning.

FOR SALE DETAILS

PRICE

$7,982,435 USD

PRICE/SF

$185 USD /SF

# OF UNITS

24

PRICE/UNIT

$332,601

CAP RATE

Request Cap Rate

% LEASED

96%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Alison Court

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.53 AC

LAND SF

66,710 SF

ZONING

RG3

APN/PARCEL ID

14-0167-0004-006-3

ASK ABOUT THIS PROPERTY

Harold ShepardMarcus & MillichapMore Info
503-953-0085

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Harold ShepardMarcus & MillichapMore Info
503-953-0085

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