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2060 Alison Ct SW
Brentwood Alison Ct · 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
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
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
$267,320
Land Assessment
$240,000
Total Assessment
$507,320
