2453 Coronet Way NW | Atlanta, GA 30318
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- LoopNet Team
2453 Coronet Way NW
Atlanta, GA 30318
The Westlight Apartment Homes · Multifamily Property For Sale
·
172 Units
INVESTMENT HIGHLIGHTS
- The current owners are completing a full property repositioning.
- There is a lack of in-town multifamily product of this vintage inside the Perimeter which provides intrinsic value.
- According to CoStar, the median household income within a 3-mile radius is nearly $90,000 and the median home value is $472,825.
- Upgrades include kitchens, bath, flooring, HVAC, water heaters, roofs, landscaping, painted ext., controlled access gate, and an enhanced amenity pkg.
- Strong area demographics surrounded by multi-million-dollar homes
PROPERTY FACTS
| No. Units | 172 | Building Size | 157,588 SF |
| Property Type | Multifamily | Average Occupancy | 91% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1965/2022 |
| Building Class | B | Parking Ratio | 1.53/1,000 SF |
| Lot Size | 7.06 AC | ||
| Zoning | RG3 - 2B1 - Apt Garden Class B | ||
| No. Units | 172 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 7.06 AC |
| Building Size | 157,588 SF |
| Average Occupancy | 91% |
| No. Stories | 2 |
| Year Built/Renovated | 1965/2022 |
| Parking Ratio | 1.53/1,000 SF |
| Zoning | RG3 - 2B1 - Apt Garden Class B |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Disposal
- Washer/Dryer
- Heating
- Ceiling Fans
- Kitchen
- Granite Countertops
- Hardwood Floors
- Refrigerator
- Stainless Steel Appliances
- Tub/Shower
- Walk-In Closets
SITE AMENITIES
- Business Center
- Controlled Access
- Fitness Center
- Laundry Facilities
- Picnic Area
- Playground
- Pool
- Property Manager on Site
- Gated
- Grill
- Laundry Service
- Pet Play Area
- Online Services
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 48 | - | 790 |
| 2+1 | 112 | - | 955 |
| 3+2 | 12 | - | 1,059 |
PROPERTY TAXES
| Parcel Number | 17-0230-0007-007-4 | Improvements Assessment | $7,600,000 |
| Land Assessment | $1,032,000 | Total Assessment | $8,632,000 |
PROPERTY TAXES
Parcel Number
17-0230-0007-007-4
Land Assessment
$1,032,000
Improvements Assessment
$7,600,000
Total Assessment
$8,632,000
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