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Executive Summary

Call for the price. This impressive property features a total of 336 residential units spread across a sprawling 17 acres. Currently, the complex boasts a 65% occupancy rate, with the remaining units in the final stages of construction and nearing 90% completion on renovations. The entire premises is securely gated and fenced, equipped with a robust security system to ensure the safety of all residents. At the forefront of the property, you’ll find a spacious management office staffed by a dedicated team of professionals committed to providing excellent service. Each unit operates on electricity only, with no gas supply available. The layout includes a variety of unit types to cater to different needs: 80 one-bedroom, one-bathroom units; 176 two-bedroom, one-bathroom units; and 80 three-bedroom, one-bathroom units, many of which come with convenient storage space. Every apartment is designed with modern comforts in mind, featuring elegant granite countertops in both the kitchens and bathrooms, updated cabinetry, and brand-new appliances. Selected units also offer hookups for washers and dryers. Residents can enjoy two newly constructed swimming pools, an inviting playhouse for children, and a coin-operated laundry facility. We invite you to bring your offer, as we are ready to negotiate. For a private viewing, please call or text Piyusha Zope at 404-542-9391 or James Carthern at 404-719-1962. Note that viewings are by appointment only due to the gated access.

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type Investment
No. Units 336
Property Type Multifamily
Property Subtype
Apartment
  • Office Office Residential
Apartment Style Garden
Building Class C
Lot Size 17.24 AC
Building Size 301,104 SF
Average Occupancy 98%
No. Stories 2
Year Built/Renovated 1964/2024
Parking Ratio 2.86/1,000 SF
Zoning RG3

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Oven
  • Range
  • Tub/Shower
  • Wheelchair Accessible (Rooms)

Site Amenities

  • Fenced Lot
  • Gated
  • Maintenance on site
  • Public Transportation
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 72 $950.00 500 - 620
2+1 200 $1,100 720
3+1 64 $1,200 920
Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
14-0178-LL-040-4
Land Assessment
$1,640,000 (2025)
Improvements Assessment
$560,000 (2025)
Total Assessment
$2,200,000 (2025)
  • Listing ID: 30604350

  • Date on Market: 1/8/2024

  • Last Updated:

  • Address: 2125 Joseph E Boone Blvd, Atlanta, GA 30314

Contact the Sale Advisor

Collier Heights Apartments | 2125 Joseph E Boone Blvd

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