230 E Ponce de Leon Ave | Decatur, GA 30030
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230 E Ponce de Leon Ave
Decatur, GA 30030
Decatur Renaissance Apartments · Multifamily Property For Sale
·
170 Units
INVESTMENT HIGHLIGHTS
- The Investment Offering Includes the Street Level Retail Condominium Component of Decatur Renaissance | Located in the Heart of Downtown Decatur
- 100% Occupied by Service-Based Retail Tenants
- Ideal Passive Ownership: All tenants are on NNN leases; CAM responsibility is held by HOA and landlord fees are reimbursed by tenants
- A luxury mixed-use building built in 2005 with 168 residential condominiums, state-of-the-art health club, courtyard, pool, and business center (NAP)
- Stable and Diverse Income Stream in a Highly Desirable Affluent Market: $153,906 average household income within a 1-mile radius
- Easily Accessible with Coveted Reserved Parking: Decatur is 6 miles from Atlanta and directly linked to 30 million annual riders on MARTA
PROPERTY FACTS
| No. Units | 170 | Lot Size | 1.60 AC |
| Property Type | Multifamily | Building Size | 259,427 SF |
| Property Subtype | Apartment | No. Stories | 7 |
| Apartment Style | Mid-Rise | Year Built | 2005 |
| Building Class | B | Parking Ratio | 0.87/1,000 SF |
| Zoning | C2 - Commercial | ||
| No. Units | 170 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 1.60 AC |
| Building Size | 259,427 SF |
| No. Stories | 7 |
| Year Built | 2005 |
| Parking Ratio | 0.87/1,000 SF |
| Zoning | C2 - Commercial |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Microwave
- Washer/Dryer
- Heating
- Ceiling Fans
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Tub/Shower
- Views
- Walk-In Closets
- Freezer
- Patio
SITE AMENITIES
- Concierge
- Fitness Center
- Pool
- Property Manager on Site
- Tenant Controlled HVAC
- Wheelchair Accessible
- Media Center/Movie Theatre
- Storage Space
- Conference Rooms
- Elevator
- Lounge
- Smoke Detector
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $846,202 | |
| Land Assessment | $126,638 | Total Assessment | $972,840 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$126,638
Improvements Assessment
$846,202
Total Assessment
$972,840
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