1247 Joseph E Boone BlvdAtlanta, GA 30314

This exceptional 64-unit multifamily investment property, located at 1247 Joseph E. Boone Blvd NW in Atlanta, Georgia, presents a compelling value-add opportunity. The property, situated on a 3.74-acre lot (APN: 14 014300100114), comprises five, two-story buildings totaling 49,776 square feet. Built in 1960 and zoned RG-3, the property features a mix of one, two, and three-bedroom units, all equipped with central HVAC. Significant recent updates and partial renovations have already been completed, enhancing the property's appeal. Residents enjoy a gated community with a large internal grassy courtyard, a playground, a community garden, and a covered pavilion. The property's prime location offers convenient access to the future Westside BeltLine Trail, MARTA bus lines, and downtown Atlanta. Furthermore, its location within a Qualified Opportunity Zone presents additional investment incentives. This property is priced at $6,400,000 and represents a strong potential for significant returns through further value-add improvements and strategic property management. The property's amenities and location make it an attractive option for renters, ensuring strong occupancy rates and consistent cash flow. This is a rare opportunity to acquire a well-positioned multifamily asset in a rapidly growing area of Atlanta.