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Two 4-Unit Multifamily Properties (8 Units) 516 NE Boulevard 8 Unit Apartment Building $2,549,263 CAD ($318,658 CAD/Unit) Atlanta, GA 30308
Executive Summary
Incredible value-add opportunity to purchase two 4 unit buildings next to each other in the heart of the popular O4W neighborhood of Atlanta. All units are large 3 bed units with in-unit laundry and off street parking in the rear with 2 driveway access points. Both buildings have had significant recent exterior and mechanical updates including all new water heaters, hardiplank siding, new roofs and new HVACs as needed. In addition, 3 of the units have been completely remodeled and 1 partially remodeled with the remaining units in classic condition. Great opportunity for a savvy investor to complete renovations and turn these into strong cash flowing assets with future redevelopment opportunity.
Property Facts
| Price | $2,549,263 CAD | Building Class | C |
| Price Per Unit | $318,658 CAD | Lot Size | 0.32 AC |
| Sale Type | Investment | Building Size | 8,046 SF |
| No. Units | 8 | Average Occupancy | 50% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1920/2025 |
| Apartment Style | Garden | ||
| Zoning | RG-4 - Beltline Overlay | ||
| Price | $2,549,263 CAD |
| Price Per Unit | $318,658 CAD |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.32 AC |
| Building Size | 8,046 SF |
| Average Occupancy | 50% |
| No. Stories | 2 |
| Year Built/Renovated | 1920/2025 |
| Zoning | RG-4 - Beltline Overlay |
Amenities
Unit Amenities
- Air Conditioning
- Washer/Dryer
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1.5 | 4 | - | - |
| 3+1 | 4 | - | - |
1 1
Exceptionally walkable
90/100
Moderately drivable
60/100
Good public transit
60/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 14-0047-0002-065-7 | Improvements Assessment | $145,691 CAD |
| Land Assessment | $109,997 CAD | Total Assessment | $255,688 CAD |
Property Taxes
Parcel Number
14-0047-0002-065-7
Land Assessment
$109,997 CAD
Improvements Assessment
$145,691 CAD
Total Assessment
$255,688 CAD
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Two 4-Unit Multifamily Properties (8 Units) | 516 NE Boulevard
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