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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
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))
  • Listing ID: 27294354

  • Date on Market: 12/12/2022

  • Last Updated:

  • Address: 495 North Ave, Atlanta, GA