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18-Unit Multifamily Near Downtown Atlanta 625 Jett St NW 18 Unit Apartment Building $2,000,000 ($111,111/Unit) 7% Cap Rate Atlanta, GA 30318



Investment Highlights
- 100% occupied 18-unit multifamily opportunity | Fully renovated in 2018
- 2 blocks from Atlanta Westside Beltline Connector Trail | Walking distance to GA Tech University
- Beautiful unobstructed views of downtown Atlanta skyline
- High Density zoning ideal for future redevelopment
- High growth area with several new developments in the immediate area (Echo Street West development)
- Located in Qualified Opportunity Zone (see page 15) | Easy access to I-75/I-85, Northside Drive, downtown Atlanta and MARTA
Property Facts
| Price | $2,000,000 | Building Class | C |
| Price Per Unit | $111,111 | Lot Size | 0.45 AC |
| Sale Type | Investment | Building Size | 7,675 SF |
| Cap Rate | 7% | Average Occupancy | 100% |
| No. Units | 18 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1947/2018 |
| Property Subtype | Apartment | Parking Ratio | 2.35/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | SPI-3, SA3 - Westside Overlay | ||
| Price | $2,000,000 |
| Price Per Unit | $111,111 |
| Sale Type | Investment |
| Cap Rate | 7% |
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.45 AC |
| Building Size | 7,675 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1947/2018 |
| Parking Ratio | 2.35/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | SPI-3, SA3 - Westside Overlay |
Amenities
Site Amenities
- Walking/Biking Trails
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 8 | - | - |
| 1+1 | 10 | - | - |
1 1
Moderately walkable
70/100
Moderately drivable
70/100
Good public transit
60/100
Moderately bikeable
60/100
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18-Unit Multifamily Near Downtown Atlanta | 625 Jett St NW
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