GA > Atlanta
Atlanta, GA 30314,20 Griffin ST #A
Atlanta, GA 30314,20 Griffin ST #A
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David Dowdell

David Dowdell

+1(678) 300-5809
$1,800,000
Est. payment /mo
10,113 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 10,113 sqft

Price per Sqft $177

MLS Listing ID 10479222

HOA Y/N No

Year Built 1961

Annual Tax Amount $14,927

Tax Year 2023

Lot Size 0.474 Acres

Acres 0.474

Lot Dimensions 20647.44

Property Sub-Type Commercial

Source Georgia MLS 2

Property Description

Exceptional Investment Opportunity in Thriving Atlanta The Commercial Collective powered by Realty ONE Group Terminus is honored to present this prime multifamily investment: a 13-unit apartment complex located at 20 Griffin St NW, Atlanta, GA 30314. This asset offers an incredible opportunity for savvy investors looking to capitalize on Atlanta's dynamic real estate market and robust economic growth. Welcome to Griffin St Apartments, a prime investment opportunity in Atlanta! This multifamily property features 13 spacious units, each offering 2 bedrooms and 1 bathroom. With a significant upside potential, this property is a lucrative venture waiting to be seized. This 13-unit apartment complex at 20 Griffin St NW is an exceptional investment, poised for substantial growth and profitability. Its unbeatable location, combined with the economic vitality of Atlanta and future developments, makes it an attractive addition to any real estate portfolio. Don't miss the chance to invest in one of the nation's most dynamic markets. The property boasts a convenient location with a Walk Score of 69 and Good Transit accessibility. The rent roll demonstrates strong potential. The buildings span over 10,000 SF, offering ample space for residents to enjoy. Property Highlights: Prime Location: Situated in the heart of Atlanta, this property benefits from its proximity to major economic generators and vibrant city amenities. Strong Rental Demand: The 30314 ZIP code is characterized by a high rental demand, driven by its accessibility to downtown Atlanta and key employment centers. Value-Add Potential: The property offers significant upside potential through strategic renovations and rent adjustments, aligning with market rates. Remarkable Location: Economic Generators Nearby: Mercedes-Benz Stadium: Home to the Atlanta Falcons and Atlanta United, this iconic stadium is a major draw for sports enthusiasts and concert-goers alike. Georgia World Congress Center: One of the largest convention centers in the country, attracting millions of visitors annually for conferences, trade shows, and events. Atlanta University Center Consortium: This cluster of historically black colleges and universities, including Spelman College, Morehouse College, and Clark Atlanta University, ensures a steady stream of students and faculty seeking quality housing options. Significant Landmarks: Centennial Olympic Park: A bustling urban park that serves as a hub for community events, concerts, and festivals. Ponce City Market: A renowned mixed-use development offering a variety of dining, shopping, and entertainment options. Future Developments: Westside Park: Set to be Atlanta's largest green space, this transformative project is poised to boost property values and enhance the quality of life for residents. Centennial Yards Development: A multi-billion-dollar mixed-use project that will introduce retail, office, and residential spaces, further energizing the downtown area and its surroundings.

Location

State GA

County Fulton

Zoning SPI-19-SA1

Interior

Heating Other

Cooling Central Air

Fireplace No

Exterior

Parking Features Paved, Parking Lot

Garage Spaces 18.0

Utilities Available Electricity Available, High Speed Internet, Other

View Y/N No

Roof Type Composition,Other

Total Parking Spaces 18

Garage No

Private Pool No

Building

Lot Description City Lot

Faces Google Maps

Sewer Public Sewer

Water Other

Structure Type Brick

New Construction No

Others

Tax ID 14 011000091486

Special Listing Condition Updated/Remodeled, Resale

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agent

David Dowdell

+1(678) 300-5809

Agent | License ID: 259183

Agent License ID: 259183

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