Griffin Street Apartments 20 Griffin St

Adrian Provost of the Commercial Collective, powered by Realty ONE Group Terminus, presents an exclusive opportunity to acquire 20 Griffin Street NW, a 13-unit multifamily asset strategically positioned within Atlanta's dynamic Westside submarket. This property offers institutional investors a compelling value-add proposition, capitalizing on the city's robust economic expansion and escalating rental demand. Comprising thirteen two-bedroom, one-bathroom units, the asset presents a substantial opportunity for strategic capital improvements and rental optimization. The location benefits from proximity to key economic drivers, significant landmarks, and transformative future developments, ensuring sustained long-term appreciation.
Proximity to Economic Generators:
- Mercedes-Benz Stadium: A major regional draw, driving consistent economic activity.
- Georgia World Congress Center: A key convention and event venue, generating substantial visitor traffic.
- Atlanta University Center Consortium: A stable source of tenant demand, providing a consistent rental pool.
Strategic Access to Landmark Destinations:
- Centennial Olympic Park: A central urban amenity, enhancing resident quality of life.
- Ponce City Market: A premier mixed-use destination, attracting affluent demographics.
Future Development Catalysts:
- Westside Park: A transformative greenspace initiative, poised to significantly enhance property values.
- Centennial Yards Development: A multi-billion-dollar mixed-use project, driving further revitalization and appreciation.
Strong Transit Accessibility: Good Transit score and respectable walk score, adding to the desirability of the location.
Substantial Building Footprint: Over 10,000 square feet of rentable area, offering scale and flexibility.
Demonstrated Rental Potential: Current rent roll indicates significant upside for optimized rental income.