Estimated payment $8,695/month
Atlanta Leasing & Investment is proud to present an outstanding opportunity to acquire a 10-unit property located just 5 minutes from Georgia State University and steps from the vibrant Summerhill neighborhood. This prime asset offers quick access to I-85, ensuring seamless connectivity to Downtown Atlanta.
This property generates strong immediate cash flow, with recent rent increases by the current owner. Market rents in the area range from $1,400 to $1,800 per month, providing a solid income stream. Additionally, the property presents a value-add opportunity — strategic unit updates upon turnover could further maximize rental income. The property underwent interior renovations estimated at $200K–$300K and exterior renovations estimated at $100K between 2017 and 2018.
Currently operating at approximately a 7% cap rate, the property has the potential to reach 8% at market rents, making it an attractive and dependable investment with strong potential for appreciation and increased tenant demand. This is a rare chance to secure a high-performing asset in a rapidly growing market with excellent upside potential.
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/10/2025 04/10/25 | Pending | -- | -- | -- |
| 03/19/2025 03/19/25 | For Sale | $1,395,000 | -- | $178 / Sq Ft |
$1,250,000
Room for you, the In-Laws and Income potential -- All in separate spaces. Multi-generational living, live on one side and rent the other, or rent the whole thing and enjoy 6+ CAP rate. Do we have your attention? This property offers an immense amount of flexibility and options to accommodate everyone and comes complete with an attached ADU. Two homes in one (or maybe 3). The front house is a
David Garrison Bolst, Inc.
$1,450,000
**SHORT SALE – Quick Close Needed! **All offers seriously considered.This stunning 10,000+ sq ft estate on 1.22 acres is a rare architectural gem—luxurious, elegant, and built to impress. Features include: 8 bedrooms, 9.5 baths, 3 full kitchens (one on each level), finished terrace with theater, gym, and private entrance.Highlights:* 4-sided brick, open floor plan, rich
Danielle Wimbish EXP Realty, LLC.
$1,649,000
Located in highly sought after Lynnwood Park and within the Chamblee School District, this beautifully updated home offers luxury, function, and space. Featuring 2 kitchens, 2 laundry rooms, and a master suite on the main level, the home is designed for comfort and convenience. A dramatic 2-story foyer, refinished hardwood floors, and an automatic grocery elevator set this property apart. The
Jacques Hall Watson Realty Co
Source: First Multiple Listing Service (FMLS)
MLS Number: 7544001
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