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1003-1019 Washington St SW
Atlanta, GA 30315
32 Unit Atlanta Multifamily Opportunity · Multifamily Property For Sale
·
32 Units
PROPERTY FACTS
| No. Units | 32 | Lot Size | 0.20 AC |
| Property Type | Multifamily | Building Size | 22,220 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1960 |
| Building Class | C | ||
| Zoning | RM | ||
| No. Units | 32 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 22,220 SF |
| No. Stories | 2 |
| Year Built | 1960 |
| Zoning | RM |
AMENITIES
UNIT AMENITIES
- Balcony
- Washer/Dryer
- Tile Floors
- Crown Molding
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- Controlled Access
- Laundry Facilities
- Gated
ABOUT 1003-1019 WASHINGTON ST SW , ATLANTA, GA 30315
Bull Realty is pleased to present Washington Flats, a charming 32-unit apartment community in the Peoplestown / Summerhill submarket of Atlanta. The property features a spacious unit mix of 19 (2) bedroom (1) bath units, 12 (3) bedroom (1) bath units, and 1 (1) bedroom (1) bath unit. The property has had over $600,000 in renovations which include new roofs, HVAC, electrical, plumbing, kitchens, baths and several other upgrades. Washington Flats has an average rent of $1.23/SF with room to continue to push rents based on the rent survey on page 13. The property is currently 94% occupied and is an excellent opportunity at a 7% cap rate.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 19 | - | 721 |
| 3+1 | 12 | - | 784 |
| 1+1 | 1 | - | 580 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,299,280 | |
| Land Assessment | $121,520 | Total Assessment | $2,420,800 |
PROPERTY TAXES
