Multifamily
Dwell At The Alcove
340 Dixie Hills Cir NW, Atlanta, GA 30314
Listing Price: $1,995,000
Investment Overview
Marcus & Millichap is pleased to present for sale a multifamily property located at 340-352 Dixie Hills Circle NW in Atlanta, GA. The 19-unit value-add multifamily complex is located in the quickly growing Dixie Hills submarket of Atlanta. The property has undergone a comprehensive renovation, including the installation of a durable metal roof, ensuring low maintenance for years to come. Of the 19 units, 9 one-bedroom apartments are secured with long-term leases to Partners for Home, guaranteeing steady rental income for the next 11 years. The remaining two-bedroom units offer significant upside potential, as current rents are below market rates. The property maintains strong occupancy and offers additional value-add opportunities through enhanced management practices. Additionally, attractive assumable agency debt is available, providing flexibility for financing.
Listing Price: $1,995,000
Investment Highlights
- Recently renovated interiors
- New systems installed
- Metal roof offering durability and low-maintenance
- Attractive assumable debt available
- Guaranteed rental income on all one-bedroom units
Investment Overview
Marcus & Millichap is pleased to present for sale a multifamily property located at 340-352 Dixie Hills Circle NW in Atlanta, GA. The 19-unit value-add multifamily complex is located in the quickly growing Dixie Hills submarket of Atlanta. The property has undergone a comprehensive renovation, including the installation of a durable metal roof, ensuring low maintenance for years to come. Of the 19 units, 9 one-bedroom apartments are secured with long-term leases to Partners for Home, guaranteeing steady rental income for the next 11 years. The remaining two-bedroom units offer significant upside potential, as current rents are below market rates. The property maintains strong occupancy and offers additional value-add opportunities through enhanced management practices. Additionally, attractive assumable agency debt is available, providing flexibility for financing.
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