Units
280
Gross SQFT
257,880
Year Built
1970
Property Type
Apartments
LEAD LISTING AGENT
Austin Graham
Vice President & Associate Director
Email
[email protected]
License No.
408272 (GA)
Direct
+1 (404) 445-1091
Mobile
+1 (407) 463-9752
ADDITIONAL LISTING AGENT
PROPERTY HIGHLIGHTS
- 25% rental upside
- Privately owned and operated for the past 12 years
- Ability to bring 37 “down” units back online adding over $500,000 in gross potential rent
- Attractive unit mix of spacious 1BR and 2BR units
- Located in a designated opportunity zone
- Only 5 minutes away from Camp Creek Marketplace which is home to dozens of national brand restaurants, retail and services
- Zoning and in place utility connections that allow for an additional 153 units to be developed on the site
- One of only a few properties in 2015 to qualify for a $10,000,000 grant through the “Noise Insulation Program” in which they replaced all roofs, gutters, windows and exterior doors
- Located in what has been called “ATL Airport City” which is a 311 acre assemblage that is set to become the largest mixed-use development, master development ever constructed south of I 20 next to the busiest airport in the world
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