Recently Renovated | 16-Unit | Multifamily Opportunity in Inman Park

1164 Alta Ave NE, Atlanta, GA 30307

  • For Sale $3,600,000
  • Property Type Multi-Family
  • Property Size 13,680 SF
  • Units 16
  • Lot Size 0.52 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1964
  • Date Updated Nov 12, 2024
This property is located in Atlanta, GA.Bull Realty presents this stabilized 16-unit in-town investment opportunity at an attractive 6.5% cap rate. This property features fourteen spacious 2 bedroom/1 bathroom units and two 1 bedroom/1 bathroom units, all recently renovated and 100% occupied resulting in turn-key ownership. Amenities include on-site laundry facilities and off-street parking. Located in the highly sought-after Inman Park neighborhood, the property enjoys proximity to both Inman Park and Little Five Points. This prime location allows residents to easily walk to a diverse array of restaurants, bars and shops enhancing the appeal for tenants and ensuring a vibrant community atmosphere.

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Attachments

Highlights

  • 6.5% cap rate, 100% occupancy
  • 16 units in highly sought after Inman Park neighborhood of Atlanta
  • Consists of fourteen spacious 2 bed/1 bath units and two 1 bed/1 bath units
  • Recently renovated, turn-key ownership
  • On-site laundry with off-street parking
  • Great location-walkable to both Inman Park and Little 5 Points restaurants, bars and shops

Contacts

broker

Andy Lundsberg

Bull Realty

Location

Getting Around

  • Walk Score ®

    91/100 Walker's Paradise

  • Transit Score ®

    60/100 Good Transit

  • Bike Score ®

    76/100 Very Bikeable
Powered by Walk Score ®
  • City Atlanta, GA
  • Neighborhood Inman Park
  • Zip Code 30307
  • Market Atlanta

Points of Interest

  • Inman Park/Reynoldstown

    0.27 miles

  • Edgewood/Candler Park

    0.58 miles

  • King Historic District

    1.49 miles

  • Edgewood at Hillard

    1.59 miles

  • King Memorial

    1.66 miles

  • Dobbs Plaza

    1.71 miles

  • Sweet Auburn Market

    1.80 miles

  • Auburn at Piedmont

    1.89 miles

  • Hurt Park

    2.10 miles

  • East Lake

    2.14 miles

  • Shell

    0.18 miles

  • Texaco

    0.58 miles

  • Chevron

    0.69 miles

  • Exxon

    0.85 miles

  • Valero

    0.92 miles

  • eVgo

    1.19 miles

  • ChargePoint

    1.21 miles

  • Citgo

    1.41 miles

  • Kroger

    1.50 miles

  • JuiceBox

    3.10 miles

  • Inman Park Park & Ride

    0.31 miles

  • Edgewood/Candler Park Park & Ride

    0.51 miles

  • faculty parking

    1.04 miles

  • Lot 21 Parking

    1.14 miles

  • Atlanta Medical Center Parking Deck B

    1.22 miles

  • Atlanta Medical Parking Deck A

    1.37 miles

  • Midtown Promenade Parking

    1.58 miles

  • Big Bethel Parking

    1.81 miles

  • J Deck

    1.85 miles

  • Highland Inn

    0.76 miles

  • Atlanta Motel

    1.03 miles

  • Motor Hotel

    1.08 miles

  • Greenwood Bed & Breakfast

    1.31 miles

  • Wylie Hotel Atlanta, Tapestry Collection by Hilton

    1.37 miles

  • The Darwin Hotel

    1.43 miles

  • Ponce De Leon Place Bed & Breakfast

    1.52 miles

  • Hilton Atlanta

    1.94 miles

  • Courtland Grand Hotel, Trademark Collection by Wyndham

    1.94 miles

  • Savannah Suites Atlanta

    1.96 miles

  • Hattie B's Hot Chicken

    0.11 miles

  • Dekalb Ave

    0.14 miles

  • Ru San's

    0.17 miles

  • El Bandito Mexican Grill

    0.18 miles

  • Cameli's Pizza

    0.18 miles

  • Figo

    0.18 miles

  • El Myr

    0.19 miles

  • Willy's

    0.19 miles

  • Ali Baba Mediterranean

    0.19 miles

  • Subway

    0.21 miles

  • Whitefoord Elementary School

    0.73 miles

  • Highland School

    0.76 miles

  • Mary Lin Elementary School

    0.85 miles

  • Inman Park Cooperative Preschool

    0.85 miles

  • Paideia School

    1.02 miles

  • Howard Middle School

    1.11 miles

  • General Assembly

    1.25 miles

  • Fred A Toomer Elementary School

    1.30 miles

  • Archbishop R Ryan Memorial School

    1.32 miles

  • Hope-Hill Elementary School

    1.34 miles

  • Atlanta Montessori International School

    0.40 miles

  • Freedom Park Preschool

    0.46 miles

  • YWCA

    1.36 miles

  • Primrose School

    1.61 miles

  • Carol's Daughter Learning Center

    2.62 miles

  • The Children's Campus @ Georgia Tech

    3.08 miles

  • The Clifton School

    3.27 miles

  • Decatur Presbyterian Children's Community

    3.30 miles

  • Montessori Academy

    3.89 miles

  • The Ellis School

    3.93 miles

Frequently Asked Questions

How much does Recently Renovated | 16-Unit | Multifamily Opportunity in Inman Park cost?

The space currently listed for sale at Recently Renovated | 16-Unit | Multifamily Opportunity in Inman Park asks for $3,600,000.

What is the total square footage of Recently Renovated | 16-Unit | Multifamily Opportunity in Inman Park?

Recently Renovated | 16-Unit | Multifamily Opportunity in Inman Park totals 13,680 square feet.

When was this property built?

Recently Renovated | 16-Unit | Multifamily Opportunity in Inman Park was built in 1964.

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Contact Listing Broker

broker

Andy Lundsberg

Bull Realty