2400 Beverly Hills Dr - Apartments FOR SALE


Atlanta, GA 30341- Chamblee
$2,273,814 USD
404-903-5313
2400 Beverly Hills Dr, Atlanta, GA for Sale
$2,273,814 USD
Apartments - FOR SALE
1/7
null | 6% Cap Rate

2400 Beverly Hills Dr
Atlanta, GA 30341
Chamblee


OVERVIEW

Presenting a prime investment opportunity for Multi-Family Building. Investors, this impressive property at 2400 Beverly Hills Dr, Atlanta, GA, offers a 7,109 SF building with 8 units, all fully leased at 100% occupancy. Built in 1963 and thoughtfully renovated in 2017, this well-maintained property is zoned RM75, ensuring versatile usage possibilities. Its strategic location in the Atlanta area provides access to a robust commercial market. With a solid rental history and modern updates, this property presents a compelling opportunity for investors seeking a high-performing asset in a thriving location. Built in 1963, a well-maintained building with ample character. The owner had plans to build a 24-unit two building complex. There is an additional pad that sits on the site for future development. Built in 1963, a well-maintained building with ample character. The owner had plans to build a 24-unit two building complex. There is an additional pad that sits on the site for future development.

FOR SALE DETAILS

PRICE

$2,273,814 USD

PRICE/SF

$361 USD /SF

# OF UNITS

8

PRICE/UNIT

$284,227

CAP RATE

6%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.88 AC

LAND SF

38,332 SF

ZONING

RM75

APN/PARCEL ID

18-280-03-004

ASK ABOUT THIS PROPERTY

Willie AcreeBerkshire Hathaway Commercial DivisionMore Info
404-903-5313

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Willie AcreeBerkshire Hathaway Commercial DivisionMore Info
404-903-5313

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.