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Multifamily

740 Cooper St SW

740 Cooper St SW, Atlanta, GA 30315

Listing Price: $2,200,000

Cap Rate
2.93%
Number of Units
14
GRM
11.00
Occupancy
72.0%
Price/Unit
$157,143

Investment Overview

Marcus & Millichap is proud to present for sale this urban multifamily asset, located in the rapidly evolving Mechanicsville neighborhood of Atlanta. Nearly all units have been renovated, with only one unit remaining to be updated, and the property features a roof replaced just five years ago. With significant potential for rent growth and a clear path to achieving stabilized occupancy, this property represents an excellent value-add opportunity. Additionally, the offering includes attractive assumable debt, enhancing its appeal to investors seeking favorable financing terms in a prime location.

Investment Highlights

  • Renovated exterior
  • 13 of the 14 units are renovated
  • Rents below market

Exclusively Listed By

Financing By

Multifamily

740 Cooper St SW

Listing Price: $2,200,000

Cap Rate
2.93%
Number of Units
14
GRM
11.00
Occupancy
72.0%
Price/Unit
$157,143

Investment Highlights

  • Renovated exterior
  • 13 of the 14 units are renovated
  • Rents below market

Investment Overview

Marcus & Millichap is proud to present for sale this urban multifamily asset, located in the rapidly evolving Mechanicsville neighborhood of Atlanta. Nearly all units have been renovated, with only one unit remaining to be updated, and the property features a roof replaced just five years ago. With significant potential for rent growth and a clear path to achieving stabilized occupancy, this property represents an excellent value-add opportunity. Additionally, the offering includes attractive assumable debt, enhancing its appeal to investors seeking favorable financing terms in a prime location.

Exclusively Listed By

Financing By

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