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Multifamily

Dunlap Royal Apartments

1944 Dunlap Ave, East Point, GA 30344

Listing Price: $6,100,000

Cap Rate
4.80%
Number of Units
73
GRM
11.72
Price/Unit
$83,562

Investment Overview

Marcus & Millichap is pleased to present for sale Dunlap Royal Apartments. The property offers a compelling value-add investment opportunity in one of Atlanta’s most dynamic and evolving neighborhoods. The property benefits from below-market rents, providing substantial room for revenue growth through thoughtful renovations and improved operational management. Located just minutes from Hartsfield-Jackson Atlanta International Airport and directly adjacent to the esteemed Woodward Academy, the asset is ideally situated to attract stable, long-term tenants. With its combination of strong fundamentals, strategic positioning, and untapped potential, Dunlap Royal Apartments is well-suited for investors seeking both immediate upside and long-term value.

Investment Highlights

  • Below-market rents create immediate potential for increased income through rent adjustments
  • Value-add upside through targeted renovations and improved property management
  • Prime location near Hartsfield-Jackson Atlanta International Airport, attracting a steady tenant base
  • Desirable proximity to Woodward Academy, one of the most prestigious private schools in the region
  • Located in a revitalizing submarket benefiting from ongoing public and private investment

Exclusively Listed By

Financing By

Multifamily

Dunlap Royal Apartments

Listing Price: $6,100,000

Cap Rate
4.80%
Number of Units
73
GRM
11.72
Price/Unit
$83,562

Investment Highlights

  • Below-market rents create immediate potential for increased income through rent adjustments
  • Value-add upside through targeted renovations and improved property management
  • Prime location near Hartsfield-Jackson Atlanta International Airport, attracting a steady tenant base
  • Desirable proximity to Woodward Academy, one of the most prestigious private schools in the region
  • Located in a revitalizing submarket benefiting from ongoing public and private investment

Investment Overview

Marcus & Millichap is pleased to present for sale Dunlap Royal Apartments. The property offers a compelling value-add investment opportunity in one of Atlanta’s most dynamic and evolving neighborhoods. The property benefits from below-market rents, providing substantial room for revenue growth through thoughtful renovations and improved operational management. Located just minutes from Hartsfield-Jackson Atlanta International Airport and directly adjacent to the esteemed Woodward Academy, the asset is ideally situated to attract stable, long-term tenants. With its combination of strong fundamentals, strategic positioning, and untapped potential, Dunlap Royal Apartments is well-suited for investors seeking both immediate upside and long-term value.

Exclusively Listed By

Financing By

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