True Value-Add Opportunity | West End Neighborhood | 24 Units

2099 Martin Luther King Junior Drive Northwest Atlanta, GA 30310

2099 Martin Luther King Junior Drive Northwest, Atlanta, GA, 30310
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FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$2,160,000
Last Verified:
Nov 06, 2025

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Highlights

  • True-value add opportunity in the West End area of Atlanta
  • All units are 2 bed / 1 bath floor plans
  • All rents are significantly below market allowing for immediate upside as units turnover
  • Most all units are in classic condition with some upgrades to select units
  • All units have central HVAC with in-unit laundry connections
  • Separately metered for electric and gas. Water is common
  • Located directly across from the historic Westview Cemetery
  • Marta bus access in front of property
  • Easy access to I-20, downtown Atlanta and the popular West End Neighborhood
  • Pro Forma Cap Rate: 8.5%

Description

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This property is located in Atlanta, GA.


Year Built: 1954
Building Size: 15072sq ft
Lot Size: 0.65 acres


Documents

Offering Memorandum

Map of 2099 Martin Luther King Junior Drive Northwest, Atlanta, GA, 30310

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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