1631 Stanton Rd SW | Atlanta, GA 30311
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- LoopNet Team
1631 Stanton Rd SW
Atlanta, GA 30311
Aspen Courts · Multifamily Property For Sale
·
157 Units
INVESTMENT HIGHLIGHTS
- The South Atlanta submarket saw an 8% revenue growth and a 7.3% rent change from Q1 2019 to Q1 2021, according to RealPage.
- All water supply lines and 90% of HVAC systems have been replaced within the last 3 years and select new panel boxes
- Desirable construction elements include: total electric units, dual-pane windows, covered exterior breezeways, and pitched roofs.
- Nearby renovated competitors offer support for even further rent increases through interior upgrades.
PROPERTY FACTS
| No. Units | 157 | Building Size | 137,988 SF |
| Property Type | Multifamily | Average Occupancy | 91% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1971 |
| Building Class | C | Parking Ratio | 1.28/1,000 SF |
| Lot Size | 8.55 AC | ||
| Zoning | RG2; RG2C | ||
| No. Units | 157 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 8.55 AC |
| Building Size | 137,988 SF |
| Average Occupancy | 91% |
| No. Stories | 2 |
| Year Built | 1971 |
| Parking Ratio | 1.28/1,000 SF |
| Zoning | RG2; RG2C |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Heating
- Ceiling Fans
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Carpet
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Property Manager on Site
- Laundry Service
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 157 | - | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,159,400 | |
| Land Assessment | $424,600 | Total Assessment | $1,584,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$424,600
Improvements Assessment
$1,159,400
Total Assessment
$1,584,000
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