1073 Neal Pl and 324 Archer Way NW
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1073 Neal Pl and 324 Archer Way NW
2 Properties Offered at £12,909,294 in Atlanta, GA
Investment Highlights
- Prime location
- Development opportunities
- Renovation potential
- Future appreciation
- Market potential
- Market demand
Executive Summary
8.69 +- in total located at the prime addresses of 1073 Neal Place and 324 Archer Way in Atlanta, GA, this multifamily property sits directly on the Atlanta Beltline, offering a unique and highly desirable location for potential investors. Comprising a total of 180 units, this property presents an exceptional opportunity for redevelopment or renovation. 1073 Neal Place currently has all units down, awaiting a visionary to breathe new life into them, while 324 Archer Way has approximately half of its units still operational, providing a solid starting point for a comprehensive renovation or redevelopment project.
We present a compelling investment opportunity with two adjoining properties along the Atlanta Beltline. These sites offer significant potential for both rehabilitation and new development:
1. Rehabilitation Potential: Investors can transform the existing structures into modern, high-quality living spaces. The growing demand for premium housing near the Beltline makes this a promising option for those looking to capitalize on the area's popularity.
2. Development Potential: The expansive site, with prime Beltline frontage, is ideal for a new Class A apartment complex or mixed-use development. The Beltline’s ongoing enhancements and vibrant culture ensure strong future appreciation, making it a strategic long-term investment.
For more information, please contact Troy Reynolds at 706-616-3400.
We present a compelling investment opportunity with two adjoining properties along the Atlanta Beltline. These sites offer significant potential for both rehabilitation and new development:
1. Rehabilitation Potential: Investors can transform the existing structures into modern, high-quality living spaces. The growing demand for premium housing near the Beltline makes this a promising option for those looking to capitalize on the area's popularity.
2. Development Potential: The expansive site, with prime Beltline frontage, is ideal for a new Class A apartment complex or mixed-use development. The Beltline’s ongoing enhancements and vibrant culture ensure strong future appreciation, making it a strategic long-term investment.
For more information, please contact Troy Reynolds at 706-616-3400.
Property Facts
| Price | £12,909,294 | Number of Properties | 2 |
| Price / SF | £180.74 / SF | Individually For Sale | 0 |
| Sale Type | Investment or Owner User | Total Building Size | 71,424 SF |
| Status | Active | Total Land Area | 8.69 AC |
| Price | £12,909,294 |
| Price / SF | £180.74 / SF |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 71,424 SF |
| Total Land Area | 8.69 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Azalea Gardens
324 Archer Way NW, Atlanta, GA 30314 |
Residential | 71,424 SF | 1954 | - |
| 1073 Neal Place pl, Atlanta, GA 30314 | Land | 4.71 AC | - | - |
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1073 Neal Pl and 324 Archer Way NW
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