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Browse More Listings in Multifamily For Sale, Atlanta, GA or Georgia

Multifamily Property For Sale

Hidden Village

2208 Verbena Street, Atlanta, GA 30314

Price:
$1,900,000
No. Units:
273
Building Size:
239,377 SF
Price/Unit:
$6,959.71
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Distressed:
Yes
No. Stories:
2
Year Built:
1957
Lot Size:
15.70 SF
Parking Ratio:
1.83 / 1,000 SF
Find Out More...

Last Verified 10/13/2009 Listing ID 16430191

Highlights

Bank Owned Asset
Significant Upside Through Renovation
Located 10 Minutes from Downtown Atlanta

Priced Significantly Below Replacement

Description

Hidden Village was built in 1957. This complex offers four types of apartments; one-bedroom units of approximately 525 square feet, two-bedroom units of approximately 884 square feet, three-bedroom units of approximately 1,225 square feet, and four-bedroom units of approximately 1,400 square feet.

This property is currently vacant and in need of renovation. An investor has the opportunity to acquire Hidden Village at a price well below replacement cost.

Hidden Village is a 273-unit apartment complex located at 2208 Verbena Street in Atlanta, Georgia. Along with the apartment units the community also includes seven store front retail strip center which includes a laundry center and a convenience store.

Unit Mix Information

Description	No. Units	Sq. Ft.
1 Bedroom 1 Bathroom	63	525
2 Bedroom 1 Bathroom	153	884
3 Bedroom 2 Bathroom	50	1,225
4 Bedroom 2 Bathroom	7	1,400
Retail	7	800

Map of 2208 Verbena Street, Atlanta, GA 30314 (Fulton County)

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Presented by

Marcus & Millichap

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Contact Listing Broker

Paul Vetter Andrew Mays (678) 808-2720

Kathleen Simonet (678) 808-2720

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Created 10/13/2009

Additional Information for 2208 Verbena Street Nw, Atlanta, GA 30314

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 2 Historic Listings
Sales Comparables Available - 1 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Multifamily Property For Sale - Hidden Village

2208 Verbena Street, Atlanta, GA, 30314