215 Piedmont Avenue NE
Property Description
Experience a rare investment opportunity in the heart of Downtown Atlanta with this fully furnished 5-unit Airbnb portfolio at The Landmark Condominiums. Located at 215 Piedmont Ave NE, this turnkey short-term rental package offers strong cash flow potential, consistent occupancy demand, and a prime location steps from Atlanta's top attractions including Mercedes-Benz Stadium, World of Coca-Cola, Centennial Olympic Park, Georgia World Congress Center, and major nightlife destinations. The portfolio consists of five professionally designed and income-producing condominium units featuring a total of 8 bedrooms and 5 bathrooms. Each unit has been thoughtfully renovated and furnished to maximize guest experience and rental performance. Amenities include updated kitchens with stainless steel appliances, modern finishes, spacious living areas, and STR-ready operations already in place. Current monthly gross revenue ranges between $6,000-$8,000 with projected annual revenue potential of $72,000-$96,000+. The Landmark is one of the few downtown buildings that permits short-term rentals, making this an increasingly valuable and limited asset class in Atlanta's growing hospitality market. Ideal for investors seeking passive income, portfolio diversification, or expansion into the short-term rental space, this offering provides immediate operational capability with significant upside potential tied to Atlanta's booming tourism, convention, entertainment, and World Cup-related growth. Portfolio Includes Units: 301, 404, 807, 1003, and 1004.
Broker Details
KELLER WILLIAMS REALTY ATLANTA MIDTOWN (404) 604-3100
MLS ID: OLUSA
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,499,000 |
| No. of Units: | 5 |
| Year Built: | 1963 |
| Opportunity Zone: | No |
| Price per unit: | $299,800 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-FMLSGA-7833981
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