704 Durant Pl NE
4 Unit Apartment Building $3,233,715 CAD ($808,429 CAD/Unit) 5.76% Cap Rate Atlanta, GA 30308
INVESTMENT HIGHLIGHTS
- Incredible Midtown location with modern, fully renovated units
- Ideal owner occupied investor opportunity or AirBNB property
EXECUTIVE SUMMARY
Check out this Like New Construction Quadruplex in Midtown. These Unique 4 Story Townhome Style Feature Luxury Vinyl Tile Flooring throughout the entire unit. Each Unit Features an Open Floor Plan with Large Living/Dining Room Area w/Brand New Kitchen w/ Quartz Countertops, Bar, SS Appliances & Custom Cabinets, Half Bath & Private Walk out Balcony. 3rd Floor Features 2 Very Spacious Bedrooms w/ New Fully Renovated Private Bathrooms. 4th Story Features Large Master w/ Sitting/Office area and Private Bath w/ Walk-In Shower. Terrace Level Features 1 car Garage, Ample Storage, & Laundry Room w/ Full Size Washer/Dryer. Professionally landscaped w/ Astro Turf in front for Low Maintenance. Close to Ponce City Market, Piedmont Park, Downtown Atlanta, VA Highland and More. Perfect Opportunity for Owner Occupied Investor or Investor Looking for Cash Flow or AirBNB the entire Place.
DATA ROOM Click Here to Access
- Offering Memorandum
- Operating and Financials
PROPERTY FACTS
| Price | $3,233,715 CAD |
| Price Per Unit | $808,429 CAD |
| Sale Type | Investment |
| Cap Rate | 5.76% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 8,200 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 1985 |
| Parking Ratio | 0.49/1,000 SF |
UNIT AMENITIES
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Ceiling Fans
- Tile Floors
- Eat-in Kitchen
- Granite Countertops
- Refrigerator
- Carpet
- Deck
- Dining Room
- Double Pane Windows
- Island Kitchen
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 4 | - | 1,120 |
1 of 1
Walk Score®
Very Walkable (88)
Bike Score®
Very Bikeable (79)
PROPERTY TAXES
| Parcel Number | 14-0048-0005-061-2 | Improvements Assessment | $525,592 CAD |
| Land Assessment | $92,452 CAD | Total Assessment | $618,045 CAD |
ZONING
| Zoning Code | RG3 |
