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1984 Wellbourne Dr NE
Atlanta, GA 30324
Multifamily Property For Sale · 8 Units

PROPERTY FACTS

No. Units 8
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class B
Lot Size 0.18 AC
Building Size 6,000 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1960/2017
Parking Ratio 2/1,000 SF
Zoning R3

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Disposal
  • Washer/Dryer
  • Washer/Dryer Hookup
  • Heating
  • Tile Floors
  • Eat-in Kitchen
  • Kitchen
  • Granite Countertops
  • Hardwood Floors
  • Vaulted Ceiling
  • High Speed Internet Access
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Tub/Shower
  • Walk-In Closets
  • Wi-Fi
  • Den
  • Dining Room
  • Family Room
  • Pantry

SITE AMENITIES

  • Courtyard
  • Security System
  • Grill
  • Renters Insurance Program
  • Vintage Building
  • Walking/Biking Trails
  • Online Services
  • Zen Garden
  • Public Transportation

ABOUT 1984 WELLBOURNE DR NE , ATLANTA, GA 30324

Wellbourne Drive Apartments offers an investor the opportunity to buy into the highly sought after in-town Morningside community at a relatively low price point and take advantage of the tremendous rent growth potential currently underway in Midtown Atlanta. This property offers easy access to I-85, 1-75, Buckhead, and Midtown. It is located in the top-rated school catchment area for Morningside Elementary, Inman Middle School, and Grady High School. Wellbourne Drive Apartments are nestled just off Cheshire Bridge Rd., conveniently situated in the Morningside-Lenox Park submarket. The location is surrounded by shopping, fine dining, and unsurpassed entertainment options which are very attractive to the targeted tenant demographic of millennials and young couples. Wellbourne Drive Apartments consists of eight fully renovated one-bedroom / one-bathroom apartments located at 1984 Wellbourne Drive, Atlanta, GA. Built in 1960, the entire property was fully renovated to a very high standard just last year. All are 750 square feet in size, containing modern renovated kitchens with new stainless steel appliances and granite countertops. New modern bathrooms, central HVAC, spacious living rooms, and high-end finishes adding a very contemporary look to these luxurious apartments.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 8 $1,300 750

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
17-0050-0009-030-1
Land Assessment
$100,160
Improvements Assessment
$443,440
Total Assessment
$543,600
  • Listing ID: 12563384

  • Date on Market: 5/14/2018

  • Last Updated:

  • Address: 1984 Wellbourne Dr NE, Atlanta, GA 30324

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