Award Winning Affordable Multifamily Near Westside BeltLine Trail | 40 Units

1200 Mobile St NW, Atlanta, GA 30314

  • For Sale Subject to Market Offers
  • Property Type Multi-Family
  • Property Size 14,616 SF
  • Units 40
  • Lot Size 0.67 Acre
  • Additional Rent Contact for pricing
  • Year Built 1960
  • Year Renovated 2022
  • Date Updated Nov 12, 2024
Atlanta, GABull Realty is pleased to present this opportunity to purchase this newly renovated, award winning affordable multifamily property in Atlanta’s popular up and coming Westside, also known as 12 Hundred Studios. What started as a blighted 20-unit apartment building has transformed into a vibrant affordable housing solution with rents restricted to 60% of the area median income. A first of its kind, the current owners pioneered the idea of converting this old, tired, crime ridden apartment complex into 40 highly-efficient fully furnished affordable housing options for the local community, thus drastically improving the neighborhood and immediate area. So much so that they were awarded the Atlanta Regional Commission Regional Excellence Award in 2023 for “Innovative Development” and the Costar Community Impact Award for “Best New Multifamily Development in Atlanta”. For more information on both of these awards and the ribbon cutting ceremony with the Atlanta Mayor, please refer to page 14 of this offering. These fully-furnished luxurious studios feature state-of-the-art appliances, designer furnishings, in-unit laundry and European style bathrooms, along with shared balconies/patios for all units. The exterior of the property also went through a major transformation with vibrant new murals painted by local well-known muralists and improved security with gated access throughout. Not only is the property located just steps from the future Westside BeltLine Trail and across the street from future planned greenspace, but also offers quick and easy access to MARTA and downtown Atlanta within minutes.

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Highlights

  • 40 highly-efficient affordable multifamily units located in Atlanta’s Westside
  • Recently gut renovated (2021-22) throughout with all new electrical, plumbing, mechanicals, roofs, windows, doors, interiors, etc.
  • Fully-furnished units with murphy beds, fully equipped kitchenettes and washer-dryer combo in all units
  • All units feature large shared exterior balconies or patio space
  • Property has off-street parking with gated/secured access
  • Conveniently located just minutes from Downtown Atlanta and Atlanta University Center
  • Walking distance to Ashby MARTA rail station with easy access to MARTA bus service
  • Nearby amenities include the future Westside BeltLine Trail (1 block away) and future greenspace/park across the street
  • Sale subject to a non-governmental Land Use Restrictive Agreement (LURA). See page 5 for more details

Contacts

broker

Andy Lundsberg

Bull Realty

Location

Getting Around

  • Walk Score ®

    41/100 Car-Dependent

  • Transit Score ®

    52/100 Good Transit

  • Bike Score ®

    37/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Atlanta, GA
  • Neighborhood Hunter Hills
  • Zip Code 30314
  • Market Atlanta

Points of Interest

  • Ashby

    0.68 miles

  • Bankhead

    0.71 miles

  • West Lake

    1.22 miles

  • Vine City

    1.37 miles

  • GWCC/CNN Center

    1.74 miles

  • West End

    1.96 miles

  • Centennial Olympic Park

    2.02 miles

  • Garnett

    2.02 miles

  • Luckie at Cone

    2.12 miles

  • Carnegie at Spring

    2.15 miles

  • Mobil

    0.73 miles

  • Texaco

    0.74 miles

  • Exxon

    0.75 miles

  • Shell

    0.94 miles

  • BP

    1.25 miles

  • Chevron

    1.55 miles

  • 76 Gas Express

    1.55 miles

  • Blink

    2.25 miles

  • Tesla Supercharger

    2.79 miles

  • eVgo

    2.82 miles

  • Ashby Park & Ride

    0.61 miles

  • West Lake Park & Ride

    1.25 miles

  • Morehouse Parking Deck

    1.35 miles

  • Vine City Park & Ride

    1.39 miles

  • Rosie's Coffee Café Parking

    1.51 miles

  • 76 Gas Express Parking

    1.55 miles

  • Northside Plaza Leasing Office Parking

    1.56 miles

  • E Parking Deck

    1.58 miles

  • Dat Fire Jerk Chicken Parking

    1.60 miles

  • Paschal's Restaurant Parking

    1.60 miles

  • Signia by Hilton Atlanta Georgia World Congress Center

    1.50 miles

  • Clarion Inn & Suites Atlanta Downtown

    1.64 miles

  • REVERB by Hard Rock

    1.70 miles

  • Hyatt House Atlanta/Downtown

    1.72 miles

  • Hyatt Place Atlanta/Centennial Park

    1.78 miles

  • Hilton Garden Inn Park Pavilion

    1.79 miles

  • SpringHill Suites Atlanta Downtown

    1.85 miles

  • Omni Atlanta Hotel at CNN Center

    1.86 miles

  • Embassy Suites

    1.86 miles

  • Bellyard, Atlanta, a Tribute Portfolio Hotel

    1.87 miles

  • Zaxby's

    0.72 miles

  • Atlanta Wing

    0.76 miles

  • KFC

    0.78 miles

  • Chick-fil-A

    0.81 miles

  • The Busy Bee Cafe

    0.92 miles

  • Church's Chicken

    0.98 miles

  • Dunkin' Donuts

    1.31 miles

  • D Cafe and Catering

    1.44 miles

  • Firewall Food Stop

    1.44 miles

  • Slutty Vegan Ralph David

    1.45 miles

  • Alonzo F Herndon Elementary School

    0.36 miles

  • Booker T Washington High School

    0.63 miles

  • Clement School

    0.63 miles

  • KIPP West Atlanta Young Scholars Academy

    0.65 miles

  • School for Integrated Academics and Technologies

    0.84 miles

  • Michael R. Hollis Innovation Academy

    0.86 miles

  • M Agnes Jones Elementary School

    0.96 miles

  • Carter G Woodson Elementary School

    1.04 miles

  • F L Stanton Elementary School

    1.06 miles

  • Interdenominational Theological Center

    1.17 miles

  • Carol's Daughter Learning Center

    2.18 miles

  • The Children's Campus @ Georgia Tech

    2.25 miles

  • Paly 2 Grow

    3.40 miles

  • Primrose School

    3.42 miles

  • Childcare Center

    3.77 miles

  • Freedom Park Preschool

    4.37 miles

  • YWCA

    4.42 miles

  • Atlanta Montessori International School

    4.55 miles

  • The Clifton School

    7.05 miles

  • Decatur Presbyterian Children's Community

    7.65 miles

Frequently Asked Questions

How much does Award Winning Affordable Multifamily Near Westside BeltLine Trail | 40 Units cost?

The sale price for Award Winning Affordable Multifamily Near Westside BeltLine Trail | 40 Units is available upon request. Contact the listing broker for more information.

What is the total square footage of Award Winning Affordable Multifamily Near Westside BeltLine Trail | 40 Units?

Award Winning Affordable Multifamily Near Westside BeltLine Trail | 40 Units totals 14,616 square feet.

When was this property built?

Award Winning Affordable Multifamily Near Westside BeltLine Trail | 40 Units was built in 1960.

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Contact Listing Broker

broker

Andy Lundsberg

Bull Realty