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Listed by Allison Ambrose • ARG Realty & Property Management
$ 3,800,000
Est. payment | /mo
1.27 Acres Lot
$ 3,800,000
Est. payment | /mo
1.27 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Kings Glen Apartments
MLS Listing ID 10415576
Construction Status Resale
Year Built 1960
Annual Tax Amount $54,113
Tax Year 2023
Lot Size 1.270 Acres
Property Description
Investment opportunity awaits with this well-maintained, 36-unit apartment complex situated in the heart of Atlanta's bustling Westside. Located just minutes from downtown, this property offers easy access to major highways, public transportation, and the Atlanta BeltLine. Each of the 36 units features spacious floor plans, modern appliances, and desirable amenities, making it a highly attractive option for renters. The building is fully leased, generating steady rental income with room for potential rent increases in the growing neighborhood. This area is undergoing significant revitalization, offering great upside for investors. **Key Features:** - **36 units** with a mix of 1-bedroom and 2-bedroom floor plans - On-site parking for residents - Laundry facilities on-site - Recently updated common areas and exterior - Proximity to popular areas like West End, Mercedes-Benz Stadium, and Morehouse College - Easy access to I-20 and public transportation - Huge potential for rental income growth in this high-demand area This property is ideal for investors seeking a turn-key rental portfolio or those looking to reposition and add value. Don't miss out on this rare opportunity to own a multi-family asset in one of Atlanta's most dynamic neighborhoods.
Location
State GA
County Fulton
Zoning Res
Interior
Heating Electric
Cooling Window Unit(s)
Flooring Laminate
Exterior
Parking Features Parking Lot
Utilities Available Electricity Available
Roof Type Composition
Building
Sewer Public Sewer
Construction Status Resale
Others
Special Listing Condition Real Estate Owned
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400 Galleria Pkwy SE, Atlanta, GA, 30339, United States