Howell Station Trio: Prime Westside Gems
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Howell Station Trio: Prime Westside Gems
3 Speciality Properties Offered at £1,211,610 in Atlanta, GA
Investment Highlights
- Tenant Occupancy: All three properties are currently occupied by Atlanta Housing Authority tenants, offering a stable and reliable source of cashflow.
- Conveniently located near the Westside Paper multi-use development, Beltline, Proctor Creek Trail, and the new Westside Park at Bellwood Quarry.
- Development Potential: Being side-by-side, these properties hold significant potential for future development and appreciation in value.
Executive Summary
SEIZE THE OPPORTUNITY TO OWN A SLICE OF ATLANTA’S HISTORY WITH THESE THREE ADJACENT HOMES AT 1081, 1087, AND 1091 LONGLEY AVE NW, WHERE CHARM MEETS STEADY INCOME IN THE THRIVING WESTSIDE. CURRENTLY OCCUPIED BY ATLANTA HOUSING AUTHORITY TENANTS, THESE RESIDENCES PROMISE NOT JUST A RETURN ON INVESTMENT BUT ALSO A FUTURE RICH WITH DEVELOPMENT POSSIBILITIES. GENERATING A COMBINED GROSS RENT OF $8,679 PER MONTH, WITH INDIVIDUAL RENTS OF $3,000 (1081), $2,829 (1087), AND $2,850 (1091), THESE PROPERTIES OFFER A ROBUST INCOME STREAM. WITH THE ALLURING WESTSIDE PAPER DEVELOPMENT, BELTLINE, AND WESTSIDE PARK WITHIN ARM’S REACH, THESE PROPERTIES STAND AT THE CROSSROADS OF HISTORIC ALLURE AND MODERN CONNECTIVITY, OFFERING DIRECT ACCESS TO ATLANTA’S MOST DYNAMIC NEIGHBORHOOD FEATURES.
A TURNKEY INVESTMENT AWAITING YOUR VISION:
EACH HOME BRINGS THE CONVENIENCE OF OFF-STREET PARKING AND THE PROMISE OF GROWTH IN ATLANTA’S LARGEST PLANNED GREENSPACE AREA. PERFECT FOR THE SAVVY INVESTOR DRAWN TO THE ENCHANTMENT OF HOWELL STATION’S TREE-LINED STREETS AND THE PROSPECT OF AN AREA ON THE RISE, THESE HOMES ARE MORE THAN AN INVESTMENT—THEY'RE THE KEY TO UNLOCKING A VIBRANT LIFESTYLE ON THE WESTSIDE. DIVE INTO A FUTURE WHERE HISTORY IS PRESERVED, COMMUNITY FLOURISHES, AND POTENTIAL SOARS.
A TURNKEY INVESTMENT AWAITING YOUR VISION:
EACH HOME BRINGS THE CONVENIENCE OF OFF-STREET PARKING AND THE PROMISE OF GROWTH IN ATLANTA’S LARGEST PLANNED GREENSPACE AREA. PERFECT FOR THE SAVVY INVESTOR DRAWN TO THE ENCHANTMENT OF HOWELL STATION’S TREE-LINED STREETS AND THE PROSPECT OF AN AREA ON THE RISE, THESE HOMES ARE MORE THAN AN INVESTMENT—THEY'RE THE KEY TO UNLOCKING A VIBRANT LIFESTYLE ON THE WESTSIDE. DIVE INTO A FUTURE WHERE HISTORY IS PRESERVED, COMMUNITY FLOURISHES, AND POTENTIAL SOARS.
Taxes & Operating Expenses (Actual - 2023) |
Annual |
|---|---|
| Gross Rental Income |
£83,179
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
£83,179
|
| Taxes |
-
|
| Operating Expenses |
-
|
| Total Expenses |
£8,105
|
| Net Operating Income |
£75,074
|
Taxes & Operating Expenses (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | £83,179 |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | £83,179 |
| Taxes | |
|---|---|
| Annual | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Total Expenses | |
|---|---|
| Annual | £8,105 |
| Net Operating Income | |
|---|---|
| Annual | £75,074 |
Property Facts
| Price | £1,211,610 | Status | Active |
| Price / SF | £309.80 / SF | Number of Properties | 3 |
| Sale Conditions | Portfolio Sale | Individually For Sale | 0 |
| Net Initial Yield | 5.89% | Total Building Size | 3,911 SF |
| Sale Type | Investment | Total Land Area | 0.40 AC |
| Price | £1,211,610 |
| Price / SF | £309.80 / SF |
| Sale Conditions | Portfolio Sale |
| Net Initial Yield | 5.89% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 3,911 SF |
| Total Land Area | 0.40 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1091 Longley Ave NW, Atlanta, GA 30318 | Speciality | 1,239 SF | 1920 | - |
| 1087 Longley Ave NW, Atlanta, GA 30318 | Speciality | 1,336 SF | 1920 | - |
| 1081 Longley Ave NW, Atlanta, GA 30318 | Speciality | 1,336 SF | 1920 | - |
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Howell Station Trio: Prime Westside Gems
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