740 SW Cooper St - Apartments FOR SALE


Atlanta, GA 30315- Mechanicsville
$1,850,000 USD
678-808-2715
740 SW Cooper St, Atlanta, GA for Sale
$1,850,000 USD
Apartments - FOR SALE
1/7
null | Request Cap Rate

740 SW Cooper St
Atlanta, GA 30315
Mechanicsville


HIGHLIGHTS

  • Renovated exterior
  • 13 of 14 units renovated
  • Rents below market

OVERVIEW

Marcus & Millichap is proud to present for sale this urban multifamily asset, located in the rapidly evolving Mechanicsville neighborhood of Atlanta. Nearly all units have been renovated, with only one unit remaining to be updated, and the property features a roof replaced just five years ago. With significant potential for rent growth and a clear path to achieving stabilized occupancy, this property represents an excellent value-add opportunity. Additionally, the offering includes attractive assumable debt, enhancing its appeal to investors seeking favorable financing terms in a prime location.

FOR SALE DETAILS

PRICE

$1,850,000 USD

PRICE/SF

$193 USD /SF

# OF UNITS

14

PRICE/UNIT

$132,143

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1959

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,621 SF

ZONING

R5

APN/PARCEL ID

14-0075-0004-100-5

ASK ABOUT THIS PROPERTY

Joe MitchellMarcus & MillichapMore Info
678-808-2715

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Joe MitchellMarcus & MillichapMore Info
678-808-2715

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