1760 Memorial Dr SE
Atlanta, GA 30317
1760 Memorial · Multifamily Property For Sale
·
18 Units
PROPERTY FACTS
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.70 AC |
| Building Size | 15,213 SF |
| Average Occupancy | 89% |
| No. Stories | 2 |
| Year Built/Renovated | 1960/2018 |
| Zoning | MRC-2 - Apartment |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Disposal
- Washer/Dryer
- Heating
- Ceiling Fans
- Eat-in Kitchen
- Granite Countertops
- Stainless Steel Appliances
SITE AMENITIES
- Security System
- Maintenance on site
ABOUT 1760 MEMORIAL DR SE , ATLANTA, GA 30317
Marcus and Millichap is pleased to present the exclusive listing of 1760 Memorial, a completely renovated 18-unit investment opportunity extremely well located 3 miles to the east of Downtown Atlanta in Kirkwood along Memorial Drive. Over the last 12-18 months, the asset was gut renovated inside and out including all new plumbing, drywall, electrical, new roofs, windows, paint, and the parking lot was resurfaced. 1760 Memorial was built in 1960 and consists of three buildings on 0.69 acres. All 18 units are two-bed / one-bath townhomes with efficient 708 SF floorplans. The asset is currently in lease-up achieving conservative rents of $1,299 for each unit. A few of the extensive renovation list items include high-end granite countertops, new stainless-steel appliances, modern flooring throughout, new white cabinetry, stunning tile bathrooms, and W/D hookups (appliances included in select units).
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 18 | $1,299 | 708 |
PROPERTY TAXES
| Parcel Number | 15-206-03-082 | Improvements Assessment | $801,000 |
| Land Assessment | $99,000 | Total Assessment | $900,000 |
