$3,450,000 USD
407-463-9752
45 Sheridan Dr NE
Atlanta, GA 30305
Garden Hills
HIGHLIGHTS
- 23-unit multifamily in Buckhead, Atlanta, with recent renovations and strong rental upside.
- 3 fully furnished units allow for Airbnb rental income and flexible leasing strategies.
- Located steps from Peachtree Road, Lenox Square, and Phipps Plaza in a high-income area.
- Average current rent $1,101/unit with market rents up to $1,536/unit; significant growth potential.
- Onsite laundry, smart home locks, and master-metered utilities for operational efficiency.
- List price $3,450,000 ($375/SF, $150,000/unit) with NOI of $132,177.
FOR SALE DETAILS
PRICE
$3,450,000 USD
PRICE/SF
$375 USD /SF
# OF UNITS
23
PRICE/UNIT
$150,000
CAP RATE
3.83%
% LEASED
52%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
French Quarter Apartments
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Mid-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
4
YEAR BUILT
1967
PARKING SPACES
19
LAND DETAILS
LAND ACRES
0.3 AC
LAND SF
13,068 SF
ZONING
RG2
APN/PARCEL ID
17-0100-0002-018-3
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407-463-9752
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407-463-9752
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