10 unit Value-Add Multifamily opportunity near downtown Atlanta. Property is currently only 50% occupied with short term leases making it ideal for an investor who wants to renovate immediately and increase rents. The other 50% of units are down and need renovation. All 2 bed units have central heat and window AC. The two 1 bed units have window heat/ac. Roof & gutters replaced within last 3 years. Incredible upside with subsidized rents for similar units in the area as high as $1800+ per month.
Great up and coming location within walking distance to GA Tech University and Coca-Cola Headquarters. Located one block from the new Westside Beltline Spur, a great amenity which connects to the Mercedes Benz Stadium and the Westside Beltline. Many new developments in the area including Echo West, the new Westside Quarry Park and more. Easy access to Midtown, West Midtown and I-75/85.
Owner financing available for qualified purchasers with 30% down payment.