Five-Property Multifamily
105 Rumson Rd NE Atlanta, GA 30305
105 Rumson Rd NE, Atlanta, GA, 30305
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For Sale
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Portfolio includes five multifamily properties totaling 144 residential units and 136,282 square feet, with several recently renovated.
Property Size136,282 SF
Price / SF$137.95
Days on Market100
Property Features for 105 Rumson Rd NE
General Information
- Standard status
- Active
- Size
- 136,282 SF
- Property subtype
- Multifamily
Listing agency
Avison Young - Atlanta
Listed by
Sonita Hong · License #382113
Source
Crexi
Added: Apr 14 Updated: Jul 22 at 5:01AM Checked: Jul 22 at 5:01AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Avison Young - Atlanta
Investment Insights
Based on property information with market context.
Avison Young, as the exclusive agent, is pleased to offer for sale a five-property multifamily portfolio across the Atlanta metro area. The portfolio totals 144 residential units across 136,282 square feet, with several of the assets recently renovated.
The offering is positioned near major employment and growth drivers in the region, including Piedmont Hospital and Shepherd Center, the Centennial Yards project, Hartsfield-Jackson Airport and its annual economic impact, Emory University’s ongoing expansion, and planned MARTA Clifton Road Corridor improvements. The remarks also reference future expansion tied to Meta’s data center campus.
Operationally, the portfolio provides potential adjacency for management, with four of the five assets located within a 20-minute drive. The properties are offered for sale at 105 Rumson Rd NE, Atlanta, GA 30305.
The offering is positioned near major employment and growth drivers in the region, including Piedmont Hospital and Shepherd Center, the Centennial Yards project, Hartsfield-Jackson Airport and its annual economic impact, Emory University’s ongoing expansion, and planned MARTA Clifton Road Corridor improvements. The remarks also reference future expansion tied to Meta’s data center campus.
Operationally, the portfolio provides potential adjacency for management, with four of the five assets located within a 20-minute drive. The properties are offered for sale at 105 Rumson Rd NE, Atlanta, GA 30305.
Key Highlights
- Multifamily portfolio of five properties across Atlanta’s high‑growth metropolitan area
- Total of 144 residential units across 136,282 SF
- Several properties in the portfolio have been recently renovated
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $2.86M | $21.00 |
| − Vacancy | −$128.8k | −$0.95 |
| EGI | $2.73M | $20.06 |
| − OpEx | −$1.23M | −$9.02 |
| NOI | $1.50M | $11.03 |
136,282 SF · lease $21.00/SF/yr · vacancy 4.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$21.47M
$18.79M – $25.05M
NOI $1,503,225 @ 7.0% cap · market cap 8.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$38.10M
$33.33M – $44.45M
NOI $2,666,723 @ 7.0% cap · market cap 14.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Scale360 Agency
Advertising Agency
Bolden Commons
Apartment Building
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FAQs
What type of property is this?
Apartment building - Portfolio includes five multifamily properties totaling 144 residential units and 136,282 square feet, with several recently renovated.
Where is this apartment building located?
The property is located at 105 Rumson Rd NE Atlanta, GA.
What is the asking price?
The asking price for this property is $18,800,000.
What are key features of this property?
This property features: Multifamily portfolio of five properties across Atlanta’s high‑growth metropolitan area; Total of 144 residential units across 136,282 SF; Several properties in the portfolio have been recently renovated
