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- LoopNet Team
1352-1360 North Ave NE
Atlanta, GA 30307
Maple Place Apartments · Multifamily Property For Sale
·
33 Units
PROPERTY FACTS
| No. Units | 33 | Building Size | 24,642 SF |
| Property Type | Multifamily | Average Occupancy | 97% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1957 |
| Building Class | C | Parking Ratio | 2.11/1,000 SF |
| Lot Size | 1.25 AC | ||
| Zoning | RM100 | ||
| No. Units | 33 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.25 AC |
| Building Size | 24,642 SF |
| Average Occupancy | 97% |
| No. Stories | 2 |
| Year Built | 1957 |
| Parking Ratio | 2.11/1,000 SF |
| Zoning | RM100 |
AMENITIES
UNIT AMENITIES
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- Laundry Facilities
ABOUT 1352-1360 NORTH AVE NE , ATLANTA, GA 30307
Maple Place Apartments is 33 unit value add multifamily opportunity in the heart Atlanta’s desirable Candler Park neighborhood. Maple Place is made up of 3 separate buildings on 1.25 acres directly across the street from Freedom Park. Maple place is an extremely unique opportunity because it’s located on the Freedom Park trail, which connects to the Atlanta Beltline, and is one of a very few apartment communities in the Candler Park neighborhood. The 33 units are comprised of spacious 1 and 2 bedroom units with updated plumbing, electrical, and off-street parking. Other amenities located within close proximity to the property are Candler Park Golf Course, Fernbank Museum, Druid Hills Golf Club, Virginia Highlands, Inman Park, Old Fourth Ward, Ponce City Market, Decatur, Little 5 Points, and Krog Street Market. Given the limited inventory in the immediate area, walkability, and strong demographics, Maple Place is able to command very desirable rents with further upside through a value add strategy.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 24 | - | 475 - 700 |
| 2+1 | 9 | - | 850 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,125,704 | |
| Land Assessment | $274,696 | Total Assessment | $2,400,400 |
PROPERTY TAXES
