Lee Apartments 1701 Hawthorne Ave 16 Unit Apartment Building $2,500,000 ($156,250/Unit) 7.15% Cap Rate College Park, GA 30337

Exceptional 16-unit apartment building in the heart of College Park, walking distance to downtown College Park, MARTA train stop, Woodward Academy private school, and the future $1.5 billion dollar Six West mixed use development. Only minutes to Atlanta's Hartsfield-Jackson International Airport. This fully renovated & occupied property offers immediate cash flow. The building features 12 spacious 2-bed/1-bath units and 4 studios. All units were fully upgraded in 2022 with quartz countertops, stainless steel appliances, Nest thermostats, and modern finishes. All windows and most water heaters and HVAC systems are also nearly new, providing long-term efficiency and reduced maintenance. Currently, every unit except the model is leased to high-quality tenants, as units rarely sit empty due to high demand for good apartments. The property includes 28 dedicated parking spaces, a large maintenance shed, and fiber-optic wiring. This is a turnkey, stabilized asset that combines modern renovations with a strong tenant base in a high-demand location. A prime opportunity for investors seeking reliable returns, strong appreciation potential, and cash flow from day one.