740 Cooper St Atlanta, GA 30315

This exceptional 14-unit apartment building in Atlanta's Mechanicsville neighborhood presents a compelling value-add opportunity. The property, situated on a 0.358-acre lot at 740 Cooper St SW, boasts 9,564 square feet across two stories. Built in 1959, the building has undergone significant renovations, with 13 of the 14 units recently updated. The roof was replaced just five years ago. Currently, rents are below market value, offering substantial potential for rent growth and increased profitability. The asking price is $1,850,000, translating to $132,143 per unit and $193.43 per square foot. This property offers attractive assumable debt, making it an even more appealing investment for those seeking favorable financing terms. Located in a rapidly evolving area, this asset is poised for strong appreciation. The property's strong fundamentals, combined with its prime location and renovation history, make it an ideal investment for discerning buyers seeking a high-return multifamily asset in a thriving Atlanta neighborhood. This is a rare opportunity to acquire a well-maintained, income-producing property with significant upside potential in a desirable location.