2190 Verbena St - Apartments FOR SALE


Atlanta, GA 30314- Dixie Hills
$3,000,000 USD
2190 Verbena St, Atlanta, GA for Sale
$3,000,000 USD
Apartments - FOR SALE
1/10
null | 4.72% Cap Rate

2190 Verbena St
Atlanta, GA 30314
Dixie Hills


HIGHLIGHTS

  • Located minutes from Downtown Atlanta, Westside Beltline expansion, and I-20.
  • Large parcel with parking and repositioning potential.
  • 30314 continues to experience rental demand from workforce tenants and long-term Westside revitalization.
  • Opportunity to modernize interiors, implement RUBS (if not already), improve collections, and raise rents to market.

OVERVIEW

Positioned in the heart of West Atlanta near Dixie Hills, this 23-unit brick apartment community offers investors a strong workforce housing play with upside through rent optimization and operational improvements. Built in the late 1950s, the property features classic solid construction, efficient unit layouts, and stable demand driven by proximity to the Westside, downtown Atlanta, and major employment corridors.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$184 USD /SF

# OF UNITS

23

PRICE/UNIT

$130,435

CAP RATE

4.72%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Verbena Gardens

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1957

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.8 AC

LAND SF

34,848 SF

ZONING

RG3

APN/PARCEL ID

14-0180-0003-053-9

ASK ABOUT THIS PROPERTY

Reginald JacksonReggie Jackson RealtyMore Info

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