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19 Unit Apartment Complex in Inman Park

Atlanta, GA

This 19 unit apartment complex is in an excellent location on North Highland Avenue in popular Inman Park. The property backs up to Freedom Park PATH Trail and is within walking distance to the Atlanta BeltLine Trail and Inman Park restaurants and shops. The property is 100% occupied. The current rent roll provides significant value add/upside potential several units at below market rents. RG-2/BeltLine Overlay zoning allows for potential redevelopment value. Unit Mix: (10) - 2 bed/1½ bath (5) - 2 bed/1 bath (4) - 1 bed/1 bath Amenities: On-site coin laundry Off-street parking for all units Easy access to Freedom Park PATH Trail Directly across the street from four popular Inman Park restaurants (The North Highland Pub, Wisteria, Folk Art, Il Localino)

$3,250,000

13,302 SF

  • Low-Rise/Garden

Email Andy Lundsberg or call 404-876-1640 for more information
Gwinnett County Assisted Living Facility

Norcross, GA

This 25-unit Assisted Living Facility is located in a desirable demographic area of Norcross, Gwinnett County, Georgia. The property was built in 1987 and provides affordable assisted living and elderly care. This property is a value-add opportunity as lease rates are significantly under market. The property consists of a 10,820 square foot two-story structure with 21 out of 24 units occupied. There is also an extra suite (formerly the owner’s suite) equipped with a full bathroom that can be added to the mix. 16 units have been recently renovated and the roof has been recently replaced. All units have private full bathrooms. Call for Pro Forma.

$2,500,000

10,820 SF

  • Senior Living

Email Ernie Anaya or call 404-876-1640 for more information
Amberwood Apartments

Riverdale, GA

Bull Realty is pleased to present the opportunity to acquire Amberwood Apartments, an eight building apartment complex consisting of 53 units in Riverdale, Georgia. The property has rent growth potential for near term as rent comps in the area are currently higher than the subject property. Amberwood Apartments is newly renovated with over $575,000 in capital improvements including new roofs, HVAC, and interior and exterior updates. The community has been converted over to 100% electric. The property is brick veneer construction consisting of 96,420 square feet situated on a 4.90 acre tract. The 53 unit complex features (52) 2-bedroom 1.5-bath units with office and a complementary courtesy officer’s unit that can be rented. All units are comprised of a living room, dining area and kitchen.

$2,100,000

96,420 SF

  • Low-Rise/Garden

Email Scott K. Spalding or call 404-876-1640 for more information
Regal Pines

Conley, GA

Regal Pines Apartments is a 100% electric, gated community in Conley, GA. Property is conveniently located 5 miles from the Hartsfield-Jackson International Airport. The property features 72 units, all 2 bedroom with 1 bath, (12) units have been completely renovated with new electrical, plumbing, roof, HVAC, water heaters, windows, kitchen cabinets, granite countertops in kitchen & bathroom, and vinyl flooring. These 12 units are 100% occupied with a waiting list for the next 12 units scheduled to be completed by the end of April 2017. These 24 units are individually sub metered for water and sewer. The property has 48 units that would require some level of renovation. A value add opportunity for new ownership as these new units could command increased rents once stabilized due to their current lower than market rental rates.

$2,100,000

57,600 SF

  • Low-Rise/Garden

Email Scott K. Spalding or call 404-876-1640 for more information
Independent, Assisted Living & Memory Care

Dalton, GA

The proposed development can accommodate up to 120 independent living, assisted living, and memory care units. It is to be located on the northwest corner of N. Bypass and Riverbirch Parkway in Dalton, Georgia with 4.6 acres of land zoned C-2. The North Bypass is a median divided, heavily traveled roadway with two lanes extending in each direction. The zoning is defined as general commercial, which includes senior housing. The property is identified as Lots 12 & 13 of Hammond Creek in Dalton, Georgia. The parcel has a rectangular shape with 610 feet of footage on the North Dalton Bypass and access from Riverbirch Parkway. It has about $1 million of infrastructure with graded to curb level and DOT approved curb and curb gutters, storm drain, and retention pond. The site has all utilities including sewer and ready to build pending permits (architectural plans available). The site is located alongside a clinic on the Dalton Bypass and adjacent to the Dalton Golf and Country Club, and a gated apartment community. In addition to the clinic, the site is located approximately a mile west of a mixed use development project in progress. The target market is the affluent market within a 5 mile radius of the site that is not being served. The majority of the beds in the market are small personal care homes not meeting the state code in terms of state requirements for assisted living. Due to current demand estimates, the proposed unit mix is 30 Assisted Living, 30 Memory Care, and 60 Independent Living. The current market is undeserved by 38 Memory Care units, 55 Assisted Living units and 179 Independent Living Units. An Integra Realty Resources Market Study and architectural plans are available at no additional cost.

$1,800,000

4.66 Acres

  • Multifamily
  • Senior Living

Email Ernie Anaya or call 404-876-1640 for more information
Carlton Ford Apartment Complex

Palmetto, GA

Opportunity to acquire a 32 unit complex at an 8.5% cap on existing income with upside potential. A rent survey on page 12 shows the rents for this property may be $50-$150 below market. This apartment complex is well located & is further illustrated by the waiting list of potential tenants. The 2 bedroom units are separately metered for utilities and individually deeded into 8 quadruplexes for flexible exit strategies.

$1,300,000

38,400 SF

  • Low-Rise/Garden

Email Scott K. Spalding or call 404-876-1640 for more information
Dahlridge Condominiums

Atlanta, GA

Dahlridge Condominums offers a unique opportunity for the value add investor. Built in 1977, the community is 100% electric and features four spacious floor plans each consisting of 1,509 square feet. The property consists of (11) 2-bedroom 2-bath units, (7) 2-bedroom 2-bath units with a fireplace, (19) 3-bedroom 2-bath units, and (11) 3-bedroom 2-bath units with a fireplace. Each unit has a two-car carport and a private patio to escape into a peaceful setting. The property has upside value potential from a purchaser interested in deploying some capital improvements to the asset such as general interior updating and exterior landscaping. Some of the value add plays include stabilizing the asset, which is currently 62% occupied, and increasing the rents, which are currently at $0.48 per square foot in a market where the average rent in $0.69 per square foot. This property is a value-add proposition for a new owner. Value recognized due to the possibility of better property management and the subsequent expense reductions resulting in increased net operating income and cash-on-cash returns. Each unit is individually deeded offering several strategies such as operating as apartments, condos or some combination depending on the new owner’s long term goals and/or exit strategy.

$1,250,000

72,432 SF

  • Low-Rise/Garden

Email Scott K. Spalding or call 404-876-1640 for more information
Virginia- Highland Multifamily Opportunity

Atlanta, GA

This 4 unit multifamily opportunity is well located in popular Virginia-Highland neighborhood and is walking distance to Ponce City Market and the Atlanta BeltLine. Residents benefit from plenty of off-street parking in the rear of the property as well as a large front porch and large rooftop balcony. All units are separately metered and have central HVAC, and tenants pay all utilities. The property has strong rental history, is 100% occupied and is an ideal opportunity for investment, owner occupancy or single family conversion.

$995,000

5,219 SF

  • Low-Rise/Garden

Email Andy Lundsberg or call 404-876-1640 for more information
Proposed Assisted Living and Memory Care Facility

Athens, GA

This ± 8.42 acre land parcel, proposed for an assisted living and memory care facility, is zoned C-R (Commercial Rural) and is permitted for Congregate Personal Care Homes with sixteen or more clients per an approval letter from Clarke County. The planned facility will be made up of 48 total units consisting of 36 assisted living units and 12 memory care units. The two-story building will contain ± 37,051 square feet on the ± 8.42 acre site. The project is scaleable to 80+ total assisted living beds with future plans to include 20 or more independent living cottages on the site. This land package includes an approved zoning letter, architectural elevation drawing, floor plan, site plan, survey, topography map, Phase I Environmental, soil analysis, Integra Market Study for Senior Housing and Pro Forma.

$952,000

37,051 SF

  • Multifamily
  • Senior Living

Email Ernie Anaya or call 404-876-1640 for more information
Virginia-Highland 9 Unit Apartment Building

Atlanta, GA

This 9 unit multifamily opportunity is located in heart of one of Atlanta's hottest neighborhoods, Virginia-Highland. Zoned R4, the property has been grandfathered by the City of Atlanta to legally operate 9 units. Comprised of 7 attached predominately studio apartments and 2 detached studio units in the rear, only one unit has been recently renovated. Sold “as-is” and in need of repairs, the opportunity exists to renovate and reposition, bringing rental income up to market. The property currently relies on window AC units and a central boiler for heat. It also has only one electrical meter, breaker box, water meter and water heater. With the largest of the units currently available, this could be an ideal situation for an owner-occupant to take advantage of today’s low interest rates. Due to its phenomenal location and smaller units, this property may alternatively either be a candidate for solid Airbnb income, or even be converted to a grand single family home given the skyrocketing neighborhood home values. Property tours by appointment only. Please do not disturb tenants.

$899,000

5,313 SF

  • Low-Rise/Garden

Email Daniel Latshaw, CCIM, MBA or call 404-876-1640 for more information
Midtown Multifamily Opportunity

Atlanta, GA

This 4 unit multifamily opportunity is well located in Midtown and is walking distance to Ponce City Market, Atlanta BeltLine and Piedmont Park Residents benefit from shared off-street parking in driveway and rear parking area with alley access. Property is all electric and all units are separately metered, have central HVAC and tenants pay all utilities. Upstairs units share an onsite washer/dryer and downstairs units have washer/dryer hookups. All units have dishwashers, disposals, ranges and refrigerators. The property has strong rental history, is 100% occupied and is an ideal opportunity for investment, owner occupancy or single family conversion.

$795,000

2,172 SF

  • Low-Rise/Garden

Email Andy Lundsberg or call 404-876-1640 for more information
Candler Park Multifamily Opportunity

Atlanta, GA

This 4 unit multifamily opportunity is well located just steps from Candler Park and is walking distance to popular Little Five Points. Residents benefit from shared off-street parking in driveway. All units are separately metered for gas and electric, have central HVAC and tenants pay all utilities. The roof was recently replaced. The property has strong rental history, is 100% occupied and is an ideal opportunity for investment, owner occupancy or single family conversion.

$650,000

2,379 SF

  • Low-Rise/Garden

Email Andy Lundsberg or call 404-876-1640 for more information
Historic Public Square

Adairsville, GA

Beautiful turn-of-the-century (circa 1905) historic building on town square of Adairsville, Georgia. Property is situated in a great location and is now becoming a northern suburb of Atlanta. The building was built in 1905 and renovated in 2004 with renovations including: new HVAC systems, new plumbing, new electrical and new insulation. This is a great opportunity for an investor or owner-user. Building consists of retail space and four (4) apartments. Retail space is approximately 2,960 sq ft and has 14’+ ceilings, original 100-year old wooden floors.

$385,000

5,920 SF

  • Street Retail
  • Low-Rise/Garden

Email Craig Caldwell or call 404-876-1640 for more information
Student Housing | Multifamily Adaptive Reuse Development

Atlanta, GA

Bull Realty is pleased to offer for sale, this incredible opportunity for redevelopment of a 1.47 acre site with a 141,000 sq ft building plus a 200 + space parking deck and excess development land. The building has already been gutted providing clean, flexible floor plates while the parking deck can be utilized or removed and replaced per your plans. This offering provides for multiple redevelopment strategies including student housing and multifamily. Virtually on the edge of the Georgia State University campus and its 32,000 students Easy access from Downtown, the Peachtree Street corridor, Grady Hospital and I75/I85 One block from the new Atlanta Streetcar line to be operational in 2013 The SPI 1 zoning is very broad allowing up to 2,000,000 sq ft of mixed-use product Over $80,000 of annual current income from two tenants both of which can be terminated Interior asbestos remediation completed in 2007 Substantial due diligence materials available Site qualifies for multiple development incentive programs both locally and federally Property may be acquired for $1.6 million less than 2012 appraisal $700,000 already spent in demolition, remediation, engineering, structural & environmental assessments etc. to remove the unknowns from redevelopment

141,000 SF

  • Mid-Rise

Email John DeYonker or call 404-876-1640 for more information
120 Unit Ridgeview Apartment Complex

Austell, GA

Great opportunity to acquire this 95% occupied, 120 unit apartment community at a solid 8.3% cap rate. Located in Austell, GA, just off I-20 and just outside I-285 within minutes from Six Flags Over Georgia theme park and only 11 miles from downtown Atlanta. Situated on +/- 11.51 acres, this gated community offers several amenities including a pool and sundeck area, large common courtyards, and onsite laundry facilities. The property features several different floor plans including a 3 bed/2 bath plan, 2 bed/2 bath plan and 1 bed/1 bath plan, as well as washer and dryer connectors and walk in closets, catering to most any tenant mix.

123,504 SF

  • Low-Rise/Garden

Email Andy Lundsberg or call 404-876-1640 for more information
Hearthstone Assisted Living

Marietta, GA

22-bed Senior Living Facility in the East Cobb County sub-market, an affluent community and demographic in Atlanta. Property is ready for immediate occupancy. Situated in the Paper Mill Village development, the Senior Living Facility is just down the street from Atria Johnson Ferry Assisted Living and only a short distance from GA 400, I-285 and I-75. Built in 1991. Facility is vacant and suitable as a Senior Living Facility/ Memory Care or Hospice facility.

11,601 SF

  • Senior Living

Email Andy Lundsberg or Ernie Anaya for more information