3518 Roswell Rd NW | Atlanta, GA 30305
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- LoopNet Team
3518 Roswell Rd NW
Atlanta, GA 30305
VIC at Buckhead · Multifamily Property For Sale
·
40 Units
INVESTMENT HIGHLIGHTS
- The VIC at Buckhead is an attractive, newly renovated, 1962-built multifamily asset in an irreplaceable Buckhead location.
- Opportunity to burn off over $172,000 in loss to lease by bringing all leases up to the newly established rental rate.
- Possible condo conversion or covered land play. The average household income within a one-mile radius is nearly $154K
- The property features 40 two-bedroom floorplans averaging 980 square feet.
- Opportunity to bring 12 renovated interiors to the “Elite” level. Well-capitalized asset with $3.2M spent since 2018.
PROPERTY FACTS
| No. Units | 40 | Building Size | 44,542 SF |
| Property Type | Multifamily | Average Occupancy | 92% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1962/2020 |
| Building Class | C | Parking Ratio | 1.1/1,000 SF |
| Lot Size | 2.00 AC | ||
| Zoning | RG3 | ||
| No. Units | 40 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.00 AC |
| Building Size | 44,542 SF |
| Average Occupancy | 92% |
| No. Stories | 2 |
| Year Built/Renovated | 1962/2020 |
| Parking Ratio | 1.1/1,000 SF |
| Zoning | RG3 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Washer/Dryer
- Heating
- Ceiling Fans
- Carpet
- Dining Room
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 40 | - | 980 |
PROPERTY TAXES
| Parcel Number | 17-0098-0003-089-7 | Improvements Assessment | $1,762,000 |
| Land Assessment | $880,000 | Total Assessment | $2,642,000 |
PROPERTY TAXES
Parcel Number
17-0098-0003-089-7
Land Assessment
$880,000
Improvements Assessment
$1,762,000
Total Assessment
$2,642,000
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