2099 Martin Luther King Jr Dr NW

2099 Martin Luther King Jr Dr NW, Atlanta, GA 30310

MULTIFAMILY For Sale

Year Built: 1954

Floors: 2

Class: B

Available Spaces

SpaceSizeTypePricing
Multi-Family Property | West End Neighborhood for Sale SALE $2,160,000.00

Contact

Andy Lundsberg - Bull Realty, Inc. - Atlanta

PHONE: 4048761640

Michael Wess - Bull Realty, Inc. - Atlanta

PHONE: 4048761640

Description

Highlights • True-value add opportunity in the West End area of Atlanta • All units are 2 bed / 1 bath floor plans • All rents are significantly below market allowing for immediate upside as units turnover • Most all units are in classic condition with some upgrades to select units • All units have central HVAC with in-unit laundry connections • Separately metered for electric and gas. Water is common • Located directly across from the historic Westview Cemetery • Marta bus access in front of property • Easy access to I-20, downtown Atlanta and the popular West End Neighborhood • Pro Forma Cap Rate: 8.5%