Log In/Sign Up
Your email has been sent.
French Quarter Apartments 45 Sheridan Dr NE 23 Unit Apartment Building $4,685,514 CAD ($203,718 CAD/Unit) 3.83% Cap Rate Atlanta, GA 30305
Investment Highlights
- 23-unit multifamily in Buckhead, Atlanta, with recent renovations and strong rental upside.
- Located steps from Peachtree Road, Lenox Square, and Phipps Plaza in a high-income area.
- Onsite laundry, smart home locks, and master-metered utilities for operational efficiency.
- 3 fully furnished units allow for Airbnb rental income and flexible leasing strategies.
- Average current rent $1,101/unit with market rents up to $1,536/unit; significant growth potential.
- List price $3,450,000 ($375/SF, $150,000/unit) with NOI of $132,177.
Executive Summary
Maxx Bauman
Matthews Real Estate Investment Services, Inc
License # 80041, 451849 (GA)
3060 Peachtree Rd NW, Ste 1450, Atlanta, GA 30305
(866) 889-0550
Matthews Real Estate Investment Services, Inc
License # 80041, 451849 (GA)
3060 Peachtree Rd NW, Ste 1450, Atlanta, GA 30305
(866) 889-0550
Property Facts
| Price | $4,685,514 CAD | Building Class | C |
| Price Per Unit | $203,718 CAD | Lot Size | 0.30 AC |
| Sale Type | Investment | Building Size | 9,200 SF |
| Cap Rate | 3.83% | Average Occupancy | 52% |
| No. Units | 23 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 1967 |
| Property Subtype | Apartment | Parking Ratio | 1.83/1,000 SF |
| Apartment Style | Mid-Rise | ||
| Zoning | RG2 | ||
| Price | $4,685,514 CAD |
| Price Per Unit | $203,718 CAD |
| Sale Type | Investment |
| Cap Rate | 3.83% |
| No. Units | 23 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.30 AC |
| Building Size | 9,200 SF |
| Average Occupancy | 52% |
| No. Stories | 4 |
| Year Built | 1967 |
| Parking Ratio | 1.83/1,000 SF |
| Zoning | RG2 |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Hardwood Floors
- Stainless Steel Appliances
Site Amenities
- Laundry Facilities
- Furnished Units Available
1 1
Walk Score®
Very Walkable (85)
Property Taxes
| Parcel Number | 17-0100-0002-018-3 | Improvements Assessment | $1,295,127 CAD |
| Land Assessment | $812,682 CAD | Total Assessment | $2,107,809 CAD |
Property Taxes
Parcel Number
17-0100-0002-018-3
Land Assessment
$812,682 CAD
Improvements Assessment
$1,295,127 CAD
Total Assessment
$2,107,809 CAD
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
French Quarter Apartments | 45 Sheridan Dr 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.