3751 Martin Luther King Jr Drive SW

Atlanta, GA, 30331

$18,000,000

$191 per ft²
$18,000,000
$191 per ft²
Active
Active
 - For Sale
carpenters-square
94,000 ft²
property_type
Commercial
calendar
Built 1966
You have found your next and best investment yet! Metropolitan Gardens 100 unit multifamily community that consists of 100 two story two bedrooms, one and a half bath townhome style units. All 100 units have been fully renovated with stainless steel appliances, new cabinets, Formica countertops, sink replacement in kitchens and baths, mirrors, tubs, toilets, bathroom vanity, LVP hardwood style flooring, carpet for the townhome stairs, interior paint, new water heaters, plumbing and subfloor reinforcements. The exterior renovations include but are not limited to new roof, fascia-soffit replacement, gutter, exterior paint, perimeter fencing, concrete repairs, driveway asphalt seal coating and many more. Property is currently occupied at 75%. 25 of the newly upgraded vacant units are being screened for tenants. Property is only 15 minutes from Hartsfield Jackson Airport and 5 mins to I-285 and I-20. Appointment only - DO NOT DISTURB TENANTS
MLS® ID:
10103000
Listed:
10/9/22
Updated:
11/26/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Floor Description
Laminate
Cooling
Central Air, Fans, Electric
Heating
Electric, Central

Exterior/Building Features

Lot Size
0.45 acres lot
Architectural Style
Other
Lot Details
Near Public Transit, Level
Roof
Composition
Sewer
Public Sewer

Other Property Details

Area Name
ATSW
Taxes
$2675
Tax Frequency
per YEAR
Garage
No
Parking
Paved, Parking Lot
Parking Total
238.0
View
N
County
Fulton
Utilities
Electricity Available, Sewer Available, Water Available
Water Source
Public
Pool
No

Property History

Date
Event
Price
Value
10/20/22
Price Change
$18,000,000
105%

 

Courtesy of Heritage Oaks Realty, Nicole Calvert,
Listing Contact:  

Based on information from Georgia MLS as of 11/26/22. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 

©2022 Georgia MLS. All rights reserved. 

Data last updated 8:56 AM UTC, 11/26/22

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