495 North Ave | Atlanta, GA
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- LoopNet Team
495 North Ave
Atlanta, GA
50-Unit Multifamily Development Opportunity · Multifamily Property For Sale · 50 Units
Investment Highlights
- Sold with LDP in hand | Large units: (13) studio, (19) 1-BR, (12) 2-BR and (6) 3-BR
- 38 covered parking spaces on floors 1 and 2 of the development | Total building size is ± 65,433 SF
- Walk score: 90 (Walker’s Paradise)
- Amenities include a large rooftop deck featuring incredible city views, a dog park and fitness center
- Total leasable residential space: ± 48,500 SF | Corridors, hallways, fitness center, lobby: ±16,000 SF | Rooftop terraces & balconies: ±6,765 SF
- A+ location central to Midtown, Eastside BeltLine Trail and Piedmont Park
PROPERTY FACTS
| No. Units | 50 | Construction Status | Proposed |
| Property Type | Multifamily | Building Size | 65,433 SF |
| Property Subtype | Apartment | No. Stories | 7 |
| Apartment Style | Mid Rise | Year Built | 2025 |
| Building Class | A | Parking Ratio | 0.58/1,000 SF |
| Lot Size | 0.43 AC |
| No. Units | 50 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | A |
| Lot Size | 0.43 AC |
| Construction Status | Proposed |
| Building Size | 65,433 SF |
| No. Stories | 7 |
| Year Built | 2025 |
| Parking Ratio | 0.58/1,000 SF |
Site Amenities
- Fitness Center
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 13 | - | 646 - 781 |
| 1+2 | 19 | - | 836 - 1,001 |
| 2+2 | 12 | - | 944 - 1,281 |
| 3+4 | 6 | - | 1,514 - 2,028 |
zoning
| Zoning Code | MRC-3-C/BL (MRC-3-C/BL (Mixed Residential Commercial Conditional/Beltline Overlay)) |
| MRC-3-C/BL (MRC-3-C/BL (Mixed Residential Commercial Conditional/Beltline Overlay)) |
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