Log In/Sign Up
Your email has been sent.
704 Durant Pl NE 4 Unit Apartment Building $2,219,900 ($554,975/Unit) 5.87% Cap Rate Atlanta, GA 30308
INVESTMENT HIGHLIGHTS
- Incredible Midtown location with modern, fully renovated units
- Ideal owner occupied investor opportunity or AirBNB property
EXECUTIVE SUMMARY
Check out this Like New Construction Quadruplex in Midtown. These Unique 4 Story Townhome Style Feature Luxury Vinyl Tile Flooring throughout the entire unit. Each Unit Features an Open Floor Plan with Large Living/Dining Room Area w/Brand New Kitchen w/ Quartz Countertops, Bar, SS Appliances & Custom Cabinets, Half Bath & Private Walk out Balcony. 3rd Floor Features 2 Very Spacious Bedrooms w/ New Fully Renovated Private Bathrooms. 4th Story Features Large Master w/ Sitting/Office area and Private Bath w/ Walk-In Shower. Terrace Level Features 1 car Garage, Ample Storage, & Laundry Room w/ Full Size Washer/Dryer. Professionally landscaped w/ Astro Turf in front for Low Maintenance. Close to Ponce City Market, Piedmont Park, Downtown Atlanta, VA Highland and More. Perfect Opportunity for Owner Occupied Investor or Investor Looking for Cash Flow or AirBNB the entire Place.
DATA ROOM Click Here to Access
- Offering Memorandum
- Operating and Financials
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS Under Contract
| Price | $2,219,900 | Building Class | C |
| Price Per Unit | $554,975 | Lot Size | 0.10 AC |
| Sale Type | Investment | Building Size | 8,200 SF |
| Cap Rate | 5.87% | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 4 |
| Property Type | Multifamily | Year Built/Renovated | 1985/2022 |
| Property Subtype | Apartment | Parking Ratio | 0.49/1,000 SF |
| Apartment Style | Townhome | ||
| Zoning | RG3 | ||
| Price | $2,219,900 |
| Price Per Unit | $554,975 |
| Sale Type | Investment |
| Cap Rate | 5.87% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 8,200 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built/Renovated | 1985/2022 |
| Parking Ratio | 0.49/1,000 SF |
| Zoning | RG3 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Ceiling Fans
- Tile Floors
- Eat-in Kitchen
- Granite Countertops
- Refrigerator
- Carpet
- Deck
- Dining Room
- Double Pane Windows
- Island Kitchen
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+3.5 | 4 | $3,600 | 2,200 |
1 1
Walk Score®
Very Walkable (89)
Bike Score®
Very Bikeable (79)
PROPERTY TAXES
| Parcel Number | 14-0048-0005-061-2 | Total Assessment | $427,840 |
| Land Assessment | $64,000 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $363,840 | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
14-0048-0005-061-2
Land Assessment
$64,000
Improvements Assessment
$363,840
Total Assessment
$427,840
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
1 of 22
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
704 Durant Pl NE
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.