905-909 Briarcliff Rd NE - Apartments FOR SALE


Atlanta, GA 30306- Druid Hills
$5,590,000 USD
404-445-1090
905-909 Briarcliff Rd NE, Atlanta, GA for Sale
$5,590,000 USD
Apartments - FOR SALE
1/3
null | 6.29% Cap Rate

905-909 Briarcliff Rd NE
Atlanta, GA 30306
Druid Hills


HIGHLIGHTS

  • 22 Units
  • Built in 1960 | Fully Renovated in 2019
  • Gross Building Square Footage of ±13,780 SF
  • Average Unit: ±626 SF
  • Current Occupancy: 91%
  • Current Avg Rent: $2,079 | Market Stabilized Rent: $2,127

OVERVIEW

Broker of Record Bill Pedersen License No. 80041 (GA) (866) 889-0550 Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203

FOR SALE DETAILS

PRICE

$5,590,000 USD

PRICE/SF

$325 USD /SF

# OF UNITS

22

PRICE/UNIT

$254,091

CAP RATE

6.29%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

THE LUX ON BRIAR

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.72 AC

LAND SF

31,363 SF

ZONING

-

APN/PARCEL ID

15-241-01-002

ASK ABOUT THIS PROPERTY

Connor KernsMatthews Real Estate Investment ServicesMore Info
404-445-1090

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Connor KernsMatthews Real Estate Investment ServicesMore Info
404-445-1090

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