1164 Alta Ave NE, Atlanta, GA 30307

Sign in to view any offers or make an offer. View property features, location on map, relevant school information and overview from seller's agent.

Listed byBull Realty, Inc.
  • 0
  • 0

Overview

The Flats, a stabilized 16-unit multifamily investment opportunity offered at an attractive 6.5% cap rate. This well-maintained asset features a highly desirable unit mix of fourteen spacious two-bedroom one-bathroom units and two one-bedroom/one-bathroom units, all of which have been recently updated. With 100% occupancy and strong in-place income, the property offers true turnkey ownership with minimal near-term capital requirements. All units have central HVAC with off street parking and access to an onsite laundry facility.

Strategically located in the heart of Inman Park, one of Atlanta’s most sought after and walkable neighborhoods, the property offers convenient access to both Inman Park Village and Little Five Points. Tenants enjoy immediate proximity to an eclectic mix of award-winning restaurants, vibrant nightlife, boutique retail, and cultural attractions. The neighborhood’s tree-lined streets, historic charm, and connectivity to the Atlanta BeltLine further enhance its appeal, driving consistent rental demand and long-term value appreciation.

The Flats represents a rare opportunity to acquire a stabilized, income-producing asset in a premier intown Atlanta location with strong fundamentals, limited supply, and continued growth potential.

Location

Full feature list

Basic info

Property type
Other residential
Number of stories
2
Lot size (acres)
0.52
Year built
1964

Utilities

Heating
Central
Cooling
Central Air
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2025)
$60,359

Public schools

Loading

Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: First Multiple Listing Service (FMLS) MLS®#: 7800782 Last checked:

Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please (https://www.fmls.com/dmca.htm) to review our DMCA policy and learn how to submit a takedown request. © 2024 FMLS.