407 Sunset Ave NW
Property Description
Bull Realty is pleased to present this bank-owned, 10-unit apartment complex in English Avenue, just south of West Midtown and Georgia Tech and near Downtown Atlanta. The property consists of eight 1 BR / 1 BA and two 2 BR / 1 BA units and is currently 60% occupied, offering a clear value-add opportunity. Of the four vacant units, one is newly renovated and rent-ready, while the remaining three require cosmetic improvements including flooring, paint, cabinets and select appliances. Recent property improvements include a new roof, windows, heat pumps, cabinets, doors, low-flow toilets, fresh paint and luxury vinyl tile flooring. The property is located approximately five minutes from I-85, Georgia Tech and Mercedes-Benz Stadium, with convenient access to Downtown Atlanta, Midtown, West Midtown, Atlantic Station and Buckhead. Nearby developments include the Westside Beltline Trail, just one block away; Quarry Yards, less than one mile away; 300-acre Westside Park; and Rodney Cook Sr. Park. With historically strong occupancy, affordable rents, and significant nearby development, the property offers investors an attractive opportunity to renovate, stabilize occupancy and increase income in a rapidly transforming Atlanta intown neighborhood.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,050,000 |
| No. of Units: | 10 |
| Year Built: | 1955 |
| Lot Size: | 0.26 Acres |
| Opportunity Zone: | No |
| Price per unit: | $105,000 |
| Property Website | Click Here |
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