$3,150,000 USD
407-463-9752
3781 Martin Luther King Jr. Dr
Atlanta, GA 30331
Bankhead-Bolton
HIGHLIGHTS
- Significant Capital Investment: Ownership invested $1.3M on a full gut renovation with everything new on the building other than the exterior shell
- Assumable Freddie Mac Financing: Current in place assumable agency financing with a 4.24% interest rate and over 6 years of remaining term
- Attractive Floorplans: All of the units are spacious two or three bedroom townhome style floorplans
- Washer/dryer connections: Every unit includes laundry hookup
- Gated Community With Security Features: Gated with control access and new video surveillance system
- Convenient Access to I-285 and I-20: Provides easy connectivity to Downtown, Hartsfield Jackson Airport
FOR SALE DETAILS
PRICE
$3,150,000 USD
PRICE/SF
$111 USD /SF
# OF UNITS
26
PRICE/UNIT
$121,154
CAP RATE
6.52%
% LEASED
96%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
3781 Mlk Jr Dr Southwest
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1966
PARKING SPACES
16
LAND DETAILS
LAND ACRES
1.65 AC
LAND SF
71,874 SF
ZONING
RG3
APN/PARCEL ID
-
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407-463-9752
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407-463-9752
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