Remarks

Exceptional Investment Opportunity in Thriving Atlanta

The Commercial Collective powered by Realty ONE Group Terminus is honored to present this prime multifamily investment: a 13-unit apartment complex located at 20 Griffin St NW, Atlanta, GA 30314. This asset offers an incredible opportunity for savvy investors looking to capitalize on Atlanta's dynamic real estate market and robust economic growth.

Welcome to Griffin St Apartments, a prime investment opportunity in Atlanta! This multifamily property features 13 spacious units, each offering 2 bedrooms and 1 bathroom. With a significant upside potential, this property is a lucrative venture waiting to be seized.

This 13-unit apartment complex at 20 Griffin St NW is an exceptional investment, poised for substantial growth and profitability. Its unbeatable location, combined with the economic vitality of Atlanta and future developments, makes it an attractive addition to any real estate portfolio. Don’t miss the chance to invest in one of the nation's most dynamic markets.

The property boasts a convenient location with a Walk Score of 69 and Good Transit accessibility. The rent roll demonstrates strong potential. The buildings span over 10,000 SF, offering ample space for residents to enjoy.

Property Highlights:

Prime Location: Situated in the heart of Atlanta, this property benefits from its proximity to major economic generators and vibrant city amenities.

Strong Rental Demand: The 30314 ZIP code is characterized by a high rental demand, driven by its accessibility to downtown Atlanta and key employment centers.

Value-Add Potential: The property offers significant upside potential through strategic renovations and rent adjustments, aligning with market rates.

Remarkable Location:

Economic Generators Nearby:

Mercedes-Benz Stadium: Home to the Atlanta Falcons and Atlanta United, this iconic stadium is a major draw for sports enthusiasts and concert-goers alike.

Georgia World Congress Center: One of the largest convention centers in the country, attracting millions of visitors annually for conferences, trade shows, and events.

Atlanta University Center Consortium: This cluster of historically black colleges and universities, including Spelman College, Morehouse College, and Clark Atlanta University, ensures a steady stream of students and faculty seeking quality housing options.

Significant Landmarks:

Centennial Olympic Park: A bustling urban park that serves as a hub for community events, concerts, and festivals.

Ponce City Market: A renowned mixed-use development offering a variety of dining, shopping, and entertainment options.

Future Developments:

Westside Park: Set to be Atlanta’s largest green space, this transformative project is poised to boost property values and enhance the quality of life for residents.

Centennial Yards Development: A multi-billion-dollar mixed-use project that will introduce retail, office, and residential spaces, further energizing the downtown area and its surroundings.

Details

MLS#: 7541372
Price: $2,500,000

Style: Business
Sq Ft: 10113
Year Built: 1961

County: Fulton - GA
Lot Size: 1x1
Tax Fee: 14927