2530 Peachwood Cir NE - Multi-Family FOR SALE


Atlanta, GA 30345- Briarcliff
$4,308,000 USD
404-936-6242
2530 Peachwood Cir NE, Atlanta, GA for Sale
$4,308,000 USD
Multi-Family - FOR SALE
1/12
null | 6.5% Cap Rate

2530 Peachwood Cir NE
Atlanta, GA 30345
Briarcliff


HIGHLIGHTS

  • Superb location, beautifully renovated units with lots of natural light, quiet, easy to manage and be a unique best value among competitive set

OVERVIEW

28-Unit Apartment Complex | Prime Atlanta Location | Value-Add Opportunity This is a rare opportunity to acquire a 28-unit multifamily asset where the heavy lifting has already been done. The property is nearly fully renovated with only light cosmetic finishing touches remaining, making it an easy value-add play for the next investor. Key Highlights Extensive Renovations Completed: Landscaping & hardscaping upgraded New signage installed Electrical & fire systems brought to code All stairwells & interiors freshly painted with new LVP flooring All leaks repaired, everything in working order LED & solar lighting throughout New kitchens with granite countertops and stainless steel appliances (20 completed, 8 remaining) 10 new bathrooms installed Washer/dryer connections in every unit; some units already equipped with washer/dryer sets Roofs in excellent condition Strong Market Position: Appraised at $4.2M vacant at start of renovations—value now enhanced with upgrades and leasing progress Newly renovated units renting at $2,300/month, opportunity to market remaining 21 according to new marketing plan Unrenovated units at $1,705/month, fully furnished guest apartments rent for $2500/month Currently seven units are occupied with traditional long term leases, with substantial upside through continued lease-up/marketing, adding storage areas Investor Upside: Home run opportunity to complete light cosmetic work and add storage at investor’s pace Minimal deferred maintenance & easy-to-manage buildings Bridge loan or cash needed until stabilization, but NOI strong under strict lender-based underwriting Seller open to Joint Venture partnership and can continue marketing/management if desired Fantastic Location: Just north of downtown in a prime location Buckhead/Brookhaven 20 minutes to most major Atlanta destinations Scenic surroundings in a renter-friendly community with strong demand Summary: This property offers the ideal combination of proven renovation work, stabilized operations groundwork, and immediate upside potential. With nearly all major capital projects completed, the next owner can focus on lease-up and light cosmetic improvements to maximize value.

FOR SALE DETAILS

PRICE

$4,308,000 USD

PRICE/SF

$154 USD /SF

# OF UNITS

28

PRICE/UNIT

$153,857

CAP RATE

6.5%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

18-234-02-042

ASK ABOUT THIS PROPERTY

Maia DaleQuantum Equity GroupMore Info
404-936-6242

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Maia DaleQuantum Equity GroupMore Info
404-936-6242

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