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Multifamily

166 Anderson Avenue NW

166 Anderson Ave NW, Atlanta, GA 30314

Listing Price: $2,250,000

Cap Rate
7.21%
Number of Units
21
GRM
6.45
Price/Unit
$107,143
Price/Gross SF
$137.01
Gross SF
16,422

Investment Overview

166 Anderson Ave presents a stabilized, recently renovated multifamily opportunity in the evolving Dixie Hills submarket. With a healthy mix of 2BR and 3BR units and 95% occupancy, the asset is well-positioned for immediate cash flow and long-term appreciation. Its proximity to MARTA, green space, infrastructure improvements, and nearby development activity places it at the forefront of a submarket on the rise. Investors seeking solid fundamentals with upside in a growing West Atlanta corridor will find strong value here.

Investment Highlights

  • Total Units: 21
  • 19 units are 2 bed/1 bath (760 ft²)
  • 2 units are 3 bed/1 bath (1,222 ft²)
  • Occupancy: Approximately 95%
  • Renovated in 2022 — upgrades likely include interiors, mechanical systems, and exterior improvements
  • Functional layouts that cater to a wide tenant base, including working professionals and small families
  • Consistent floor plans support operational ease and maintenance efficiency

Exclusively Listed By

Financing By

Multifamily

166 Anderson Avenue NW

Listing Price: $2,250,000

Cap Rate
7.21%
Number of Units
21
GRM
6.45
Price/Unit
$107,143
Price/Gross SF
$137.01
Gross SF
16,422

Investment Highlights

  • Total Units: 21
  • 19 units are 2 bed/1 bath (760 ft²)
  • 2 units are 3 bed/1 bath (1,222 ft²)
  • Occupancy: Approximately 95%
  • Renovated in 2022 — upgrades likely include interiors, mechanical systems, and exterior improvements
  • Functional layouts that cater to a wide tenant base, including working professionals and small families
  • Consistent floor plans support operational ease and maintenance efficiency

Investment Overview

166 Anderson Ave presents a stabilized, recently renovated multifamily opportunity in the evolving Dixie Hills submarket. With a healthy mix of 2BR and 3BR units and 95% occupancy, the asset is well-positioned for immediate cash flow and long-term appreciation. Its proximity to MARTA, green space, infrastructure improvements, and nearby development activity places it at the forefront of a submarket on the rise. Investors seeking solid fundamentals with upside in a growing West Atlanta corridor will find strong value here.

Exclusively Listed By

Financing By

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