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625-635 Jett St | 18-Unit Multifamily 625 Jett St NW

18 Unit Block of Flats £2,157,127 (£119,840/Unit) 6.40% Net Initial Yield Atlanta, GA 30318

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Investment Highlights

100% occupied 18-unit multifamily opportunity
High Density zoning ideal for future redevelopment
High growth area with several new developments in the immediate area (Echo Street West development)

Fully renovated in 2018
2 blocks from Atlanta Westside Beltline Connector Trail | Walking distance to GA Tech University
Located in Qualified Opportunity Zone | Easy access to I-75/I-85, Northside Drive, downtown Atlanta and MARTA

Executive Summary

100% occupied 18-unit multifamily opportunity on the fringe of downtown Atlanta. Great investment opportunity to get into a recently renovated multifamily in an up and coming neighborhood with guaranteed rents from Atlanta Housing Authority.
HIGHLIGHTS:
Fully renovated in 2018
High Density zoning ideal for future redevelopment
2 blocks from Atlanta Westside Beltline Connector Trail
Walking distance to GA Tech University
High growth area with several new developments in the immediate area (Echo Street West development)
Beautiful unobstructed views of downtown Atlanta skyline
Located in Qualified Opportunity Zone (see page 15)
Easy access to I-75/I-85, Northside Drive, downtown Atlanta and MARTA

Offering Memorandum

Property Facts

Price	£2,157,127	Building Class	C
Price Per Unit	£119,840	Lot Size	0.45 AC
Sale Type	Investment	Building Size	7,675 SF
Net Initial Yield	6.40%	Average Occupancy	100%
No. Units	18	Number of Floors	2
Property Type	Residential	Year Built	1947
Property Subtype	Apartment	Parking Ratio	2.35/1,000 SF
Apartment Style	Garden	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	£2,157,127
Price Per Unit	£119,840
Sale Type	Investment
Net Initial Yield	6.40%
No. Units	18
Property Type	Residential
Property Subtype	Apartment
Apartment Style	Garden
Building Class	C
Lot Size	0.45 AC
Building Size	7,675 SF
Average Occupancy	100%
Number of Floors	2
Year Built	1947
Parking Ratio	2.35/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.