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1980 Stanton Rd
- Mix of spacious 1 and 2 bed units with eat-in kitchens and large living rooms
- Over $950,000 in recent capital expenditures
- All units have central HVAC and are separately metered for electric & gas
- Most units have been recently updated to include new flooring AND fixtures, with updated kitchens and stainless appliances
- Centralized up and coming location with quick easy access to downtown Atlanta, I-75/85 and I-285
- On-site laundry room and plenty of storage space in basement area
- Light value-add opportunity: Complete cosmetic updates and increase rents to market
- Estimated 8% Cap Rate based on trailing 12-month NOI
Property Description
Light Value-Add Multifamily Opportunity | Metro Atlanta | 20 Units
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $2,500,000 |
| No. of Units: | 24 |
| Year Built: | 1960 |
| Lot Size: | 1.62 Acres |
| Opportunity Zone: | No |
| Price per unit: | $104,167 |
| Property Website | Click Here |
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