5300 Peachtree Rd - Apartments FOR SALE


Chamblee, GA 30341
$1,500,000 USD
404-348-4448
5300 Peachtree Rd, Chamblee, GA for Sale
$1,500,000 USD
Apartments - FOR SALE
1/23
null | Request Cap Rate

5300 Peachtree Rd
Chamblee, GA 30341


HIGHLIGHTS

  • Peachtree Road with a traffic count of approximately 7,000 vehicles per day.
  • TOD zoning was created to promote a mixed-use town center and walkability.
  • 5 street-level retail/office condos measuring +/- 5,304 square feet

OVERVIEW

Atlanta Leasing Investment is pleased to offer 5300 Peachtree Rd - The Lofts at 5300 (the “Property”) for purchase. The Property consists of street-level retail/office condos measuring +/- 5,304 square feet in the vibrant City of Chamblee. Managed and maintained by a single owner since 2007, the Property is in excellent condition and divided into 5 tenant-friendly layouts. Each unit includes 2 covered parking spaces, and access to EV chargers and the well-equipped condo gym. The Lofts at 5300 is a mixed-use Class A condo building, with 242 residential units located in the vibrant historic Chamblee retail area, with easy access to the Atlanta Metro area, and located directly across from MARTA. Each unit is privately owned, and the parking lots and landscaping are owned in common. The attractively landscaped setting is located in Chamblee on Peachtree Road, between Chamblee Tucker Road and Chamblee Dunwoody Road and around the corner from the new Assembly Atlanta production studio complex. Situated inside the perimeter, I-285 is 2 miles north, I-85 is 4.5 miles east, and GA 400 is 4 miles west. In addition to free on street parking, additional free parking is available at Chamblee Marta across the street. The Lofts at 5300 is a stylish, modern, and well-appointed mixed-use building with excellent exposure on Peachtree Road with a traffic count of approximately 7,000 vehicles per day. ZONING: The Transit Oriented Development zoning was created to promote a mixed-use town center and walkability.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$5 USD /SF

# OF UNITS

5

PRICE/UNIT

$300,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Lofts at 5300

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.99 AC

LAND SF

173,804 SF

ZONING

TOD

APN/PARCEL ID

18-299-19-244,18-299-19-245,18-299-19-246,18-299-19-247

ASK ABOUT THIS PROPERTY

Anne SteibAtlanta Leasing & InvestmentMore Info
404-348-4448

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

Anne SteibAtlanta Leasing & InvestmentMore Info
404-348-4448

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