720 SW Formwalt St | Atlanta, GA 30315
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- LoopNet Team
720 SW Formwalt St
Atlanta, GA 30315
Newly Renovated 16-Unit Multifamily Property · Build-to-Rent Property For Sale
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16 Units
INVESTMENT HIGHLIGHTS
- Conveniently located just minutes from Downtown Atlanta, I-85 and Summerhill
- New windows, doors and roofs and exterior paint, new interiors to include granite countertops, stainless appliances, new paving and landscaping.
- Rear-fenced dog-run area
- Full rehab to include the following: all plumbing and sewer lines, all new electrical service from the street, all new mechanicals (mini-splits)
- Off-street parking. In-unit laundry. Mix of 2/1’s (7) and 2/2’s (8) along with (1) one-bedroom ADA unit
- Attractive Assumable Debt at 5.73% interest - See page 5 for details
PROPERTY FACTS
| No. Units | 16 | Total Plot Size | 0.52 ac |
| Property Type | Build-to-Rent | Property Size | 8,650 sq ft |
| Property Subtype | Apartment | No. Floors | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1960/2022 |
| Costar Property Class | F | ||
| Use Class | SPI-18 SA4 | ||
| No. Units | 16 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Costar Property Class | F |
| Total Plot Size | 0.52 ac |
| Property Size | 8,650 sq ft |
| No. Floors | 2 |
| Year Built/Renovated | 1960/2022 |
| Use Class | SPI-18 SA4 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
PROPERTY TAXES
| Parcel Number | 14-0075-0005-028-7 | Improvements Assessment | £50,639 |
| Land Assessment | £44,867 | Total Assessment | £95,506 |
PROPERTY TAXES
Parcel Number
14-0075-0005-028-7
Land Assessment
£44,867
Improvements Assessment
£50,639
Total Assessment
£95,506
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