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Alison Court 2045-2065 Alison Ct SW 24 Unit Apartment Building $1,699,000 ($70,792/Unit) Atlanta, GA 30311
INVESTMENT HIGHLIGHTS
- Below-market rents offer immediate potential for income growth
- Located on the MARTA bus line, providing easy public transit access
- Strong operational value-add through improved management and efficiency
- Close proximity to Hartsfield-Jackson Atlanta International Airport, a major regional employment hub
EXECUTIVE SUMMARY
Marcus & Millichap is pleased to present for sale Alison Court. The property presents a well-positioned value-add opportunity in the Atlanta multifamily market. With current rents below market averages and clear operational upside, the property offers investors the chance to significantly enhance performance through strategic management and rent optimization. Located along a MARTA bus route and minutes from Hartsfield-Jackson Atlanta International Airport, the property benefits from excellent connectivity and consistent tenant demand, making it an ideal candidate for long-term growth and repositioning.
PROPERTY FACTS
| Price | $1,699,000 | Lot Size | 1.53 AC |
| Price Per Unit | $70,792 | Building Size | 43,200 SF |
| Sale Type | Investment | Average Occupancy | 96% |
| No. Units | 24 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1960/2013 |
| Property Subtype | Apartment | Parking Ratio | 0.3/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | RG3 | ||
| Price | $1,699,000 |
| Price Per Unit | $70,792 |
| Sale Type | Investment |
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.53 AC |
| Building Size | 43,200 SF |
| Average Occupancy | 96% |
| No. Stories | 2 |
| Year Built/Renovated | 1960/2013 |
| Parking Ratio | 0.3/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | RG3 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Ceiling Fans
- Kitchen
- Refrigerator
- Range
- Tub/Shower
- Carpet
- Dining Room
- Family Room
- Vinyl Flooring
SITE AMENITIES
- Fenced Lot
- Property Manager on Site
- Maintenance on site
- Public Transportation
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1.5 | 24 | - | 900 - 1,075 |
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PROPERTY TAXES
| Parcel Number | 14-0167-0004-006-3 | Improvements Assessment | $428,720 |
| Land Assessment | $138,000 | Total Assessment | $566,720 |
PROPERTY TAXES
Parcel Number
14-0167-0004-006-3
Land Assessment
$138,000
Improvements Assessment
$428,720
Total Assessment
$566,720
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Alison Court | 2045-2065 Alison Ct SW
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