2060 Alison Ct SW | Atlanta, GA 30311
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- LoopNet Team
2060 Alison Ct SW
Atlanta, GA 30311
Brentwood Meadows · Multifamily Property For Sale
·
48 Units
INVESTMENT HIGHLIGHTS
- Most leases are at 960 which is about 9.5% gap from market rent and few are at 800 which is about 25% gap from market rent.
- great Value-Add investment in a sub-market positioned for rapid development due to Atlanta BeltLine Strategic Implementation Plan.
- Huge opportunity in the next 6-9 months to renew current leases to $1060 new rent which will increase revenue by 25% to 9.5%
PROPERTY FACTS
| No. Units | 48 | Building Size | 45,256 SF |
| Property Type | Multifamily | Average Occupancy | 60% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1963/2021 |
| Building Class | C | Parking Ratio | 1.51/1,000 SF |
| Lot Size | 2.05 AC | ||
| Zoning | RG3 - Residential | ||
| No. Units | 48 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.05 AC |
| Building Size | 45,256 SF |
| Average Occupancy | 60% |
| No. Stories | 2 |
| Year Built/Renovated | 1963/2021 |
| Parking Ratio | 1.51/1,000 SF |
| Zoning | RG3 - Residential |
AMENITIES
UNIT AMENITIES
- Heating
- Ceiling Fans
- Tile Floors
- Kitchen
- Refrigerator
- Oven
- Stainless Steel Appliances
- Tub/Shower
- Walk-In Closets
- Carpet
- Dining Room
- Family Room
- Vinyl Flooring
SITE AMENITIES
- Fenced Lot
- Property Manager on Site
- Security System
- Maintenance on site
- Public Transportation
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 48 | $1,010 | 800 - 850 |
PROPERTY TAXES
| Parcel Number | 14-0167-0004-012-1 | Improvements Assessment | $2,304,680 |
| Land Assessment | $240,000 | Total Assessment | $2,544,680 |
PROPERTY TAXES
Parcel Number
14-0167-0004-012-1
Land Assessment
$240,000
Improvements Assessment
$2,304,680
Total Assessment
$2,544,680
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