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Multifamily

Alison Court Porfolio

1975 Alison Ct SW, Atlanta, GA 30311

Listing Price: Request For Offer

Number of Units
434
Gross SF
325,390

Investment Overview

Marcus & Millichap is proud to present the Alison Court Multifamily Portfolio located at: 1935 Alison Ct SW (The Premier), 1960 Alison Ct SW (The Gallery), and 1975 Alison Ct SW (The Belmont) in Atlanta, GA 30311.

The subject properties are made up of a 238 unit complex, a 100 unit complex, and a 96 unit vacant complex ideally located in the Campbellton Road Submarket of Atlanta. These recently renovated multi-unit apartment building’s offer spacious and diverse unit mixes, convenient location, and fantastic amenities. Ideally located in an Opportunity Zone. The Premier and the Gallery are both renovated and operating, while the Belmont is currently in the process of renovation and will be delivered fully renovated and vacant.

The portfolio is in the extended use period of the LURC and will end in 2030. The financing terms include: a 75% LTV, Year 1 Interest at only 4.5% and Year 2 Interest at 5.5%. Any price the seller agrees to less than $42M the interest rate will rise to 6.5%. The subject properties are ideally located along the Marta Bus Line, 7 miles from Downtown Atlanta, and 7 miles from Hartsfield-Jackson Atlanta International Airport - making any commute a breeze. The population in the region is also expected to increase at a rate of 0.23% within the next 5 years - calling for a demand in housing.

Investment Highlights

  • Ideally located along the Marta Bus Line, 7 miles from Downtown Atlanta, and 7 miles from Hartsfield-Jackson Atlanta International Airport
  • Portfolio comprised of a 238 unit complex, a 100 unit complex, and a 96 unit vacant complex.
  • All units recently/newly renovated

Exclusively Listed By

Financing By

Multifamily

Alison Court Porfolio

Listing Price: Request For Offer

Number of Units
434
Gross SF
325,390

Investment Highlights

  • Ideally located along the Marta Bus Line, 7 miles from Downtown Atlanta, and 7 miles from Hartsfield-Jackson Atlanta International Airport
  • Portfolio comprised of a 238 unit complex, a 100 unit complex, and a 96 unit vacant complex.
  • All units recently/newly renovated

Investment Overview

Marcus & Millichap is proud to present the Alison Court Multifamily Portfolio located at: 1935 Alison Ct SW (The Premier), 1960 Alison Ct SW (The Gallery), and 1975 Alison Ct SW (The Belmont) in Atlanta, GA 30311. The subject properties are made up of a 238 unit complex, a 100 unit complex, and a 96 unit vacant complex ideally located in the Campbellton Road Submarket of Atlanta. These recently renovated multi-unit apartment building’s offer spacious and diverse unit mixes, convenient location, and fantastic amenities. Ideally located in an Opportunity Zone. The Premier and the Gallery are both renovated and operating, while the Belmont is currently in the process of renovation and will be delivered fully renovated and vacant. The portfolio is in the extended use period of the LURC and will end in 2030. The financing terms include: a 75% LTV, Year 1 Interest at only 4.5% and Year 2 Interest at 5.5%. Any price the seller agrees to less than $42M the interest rate will rise to 6.5%. The subject properties are ideally located along the Marta Bus Line, 7 miles from Downtown Atlanta, and 7 miles from Hartsfield-Jackson Atlanta International Airport - making any commute a breeze. The population in the region is also expected to increase at a rate of 0.23% within the next 5 years - calling for a demand in housing.

Exclusively Listed By

Financing By

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