201 W Ponce de Leon Ave | Decatur, GA 30030
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- LoopNet Team
201 W Ponce de Leon Ave
Decatur, GA 30030
Shops at the Artisan - Street Level Retail · Multifamily Property For Sale
·
122 Units
INVESTMENT HIGHLIGHTS
- 100% leased street level retail under a high-end condominium building.
- Located in the heart of downtown Decatur. A very affluent city within Atlanta metro, and the county seat of DeKalb County.
- Over 373,000 people living within a 5 mile radius. The average household income above $177,000 within a one mile radius
- Excellent tenant mix with Kaiser Permanente and two restaurants. Kaiser operates 39 hospitals and more than 700 medical offices, such as this one.
- CMBS loan assumption available at $3mm providing for 7.25% cash on cash return on the first year.
- Decatur is considered one of the best places to live in metro Atlanta, with excellent public schools and close proximity to Emory University.
PROPERTY FACTS
| No. Units | 122 | Lot Size | 2.36 AC |
| Property Type | Multifamily | Building Size | 278,808 SF |
| Property Subtype | Apartment | No. Stories | 7 |
| Apartment Style | Mid-Rise | Year Built | 2006 |
| Building Class | B | Parking Ratio | 0.9/1,000 SF |
| Zoning | C2 | ||
| No. Units | 122 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 2.36 AC |
| Building Size | 278,808 SF |
| No. Stories | 7 |
| Year Built | 2006 |
| Parking Ratio | 0.9/1,000 SF |
| Zoning | C2 |
AMENITIES
UNIT AMENITIES
- Dishwasher
- Bay Window
- Ceiling Fans
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Stainless Steel Appliances
- Tub/Shower
- Freezer
SITE AMENITIES
- 24 Hour Access
- Courtyard
- Fitness Center
- Pool
- Lounge
- Sundeck
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $627,344 | |
| Land Assessment | $274,942 | Total Assessment | $902,285 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$274,942
Improvements Assessment
$627,344
Total Assessment
$902,285
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