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105 Georgia Ave SE - Ten 5 Summerhill (10 Single Family Townhomes)

10 Unit Apartment Building Offered at $6,750,000 at a 7% Cap Rate in Atlanta, GA 30312

Investment Highlights

  • Rooftop Terraces
  • Luxury Finishes
  • Walk to Restaurants/Retail
  • Flexible Floorplans
  • Award Winning Design
  • Walk to Parks/Beltline

Executive Summary

Ten 5 Summerhill. Prime investment opportunity in the heart of booming Summerhill Atlanta. TEN new townhomes, prime for STR, MTR or LTR rentals, sold as a turnkey package, ready to furnish and start renting! Contact listing agent for more information and to schedule appointment.
Urban luxury at its finest, this award winning, boutique community of 10 modern townhomes is nestled at the vibrant intersection of Georgia Avenue and Martin Street. Features include real hardwood and polished concrete floors, floor to ceiling Pella windows, contemporary cabinetry, quartz counters and backsplash, gas cooking, open living/dining/kitchen level with dual sliders doors and balconies; designer finishes and a private, primary bedroom floor with ensuite bathroom featuring double floating vanities, a custom walk-in closet, separate toilet and an oversized tiled/glass walk in shower. The outdoor living is the cherry on top - rooftop terraces, offer treetops, sunsets, or city views! Units 1-3 and 6-10 include the convenience of an attached garage ensuring occupants a seamless transition from city adventures to the comfort of home. Units 4 and 5 offer a flexible option of a third bedroom and/or separate guest or live/work suite with kitchenette. Off-street and designated parking spaces are available on-site, along with easy street parking.
At the end of the day, it is all about the lifestyle! Residents will enjoy Phoenix Park as a backdrop with greenspace and multi-use courts, along with the bustling energy of Summerhill at their doorsteps! Indulge in the culinary delights of local restaurants, trendy retail spaces, conveniently shop at the new Summerhill Publix, and walk or bike to events at GSU Center Parc Stadium, the weekend farmer's market at The Beacon on the Beltline or the beautiful, historic Grant Park, all just minutes away!
The townhomes at Ten5 Summerhill are statements of sleek, stylish living, designed by top Atlanta architects at Xmetrical and brought to life by an experienced intown builder team, each unit is a testament to contemporary design and functionality.

Property Facts

Price $6,750,000
Price Per Unit $675,000
Sale Type Investment
Cap Rate 7%
No. Units 10
Property Type Multifamily
Apartment Style Townhome
Building Class A
Lot Size 0.30 AC
Building Size 15,340 SF
No. Stories 4
Year Built 2024

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Disposal
  • Microwave
  • Washer/Dryer Hookup
  • Heating
  • Security System
  • Ceiling Fans
  • Tile Floors
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Sprinkler System
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Surround Sound
  • Views
  • Walk-In Closets
  • Deck
  • Den
  • Handrails
  • Island Kitchen
  • Window Coverings

Site Amenities

  • Public Transportation

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+4 8 - 1,590 - 1,718
3+4 2 - 1,648 - 1,865

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
14-0054-0001-156-5
Land Assessment
$247,680
Improvements Assessment
$0
Total Assessment
$247,680

zoning

Zoning Code MRC-C-3
MRC-C-3
  • Listing ID: 34068827

  • Date on Market: 12/3/2024

  • Last Updated:

  • Address: 105 Georgia Ave SE, Atlanta, GA 30312

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