Contemporary Atlanta Loft with
For Sale
$379,000
195 Arizona Avenue NE #102, Atlanta, GA 30307
Two-story loft with modern amenities and social areas.
Property Size1,354 SF
Price / SF$279.91
Days on Market443
Property Features for 195 Arizona Avenue NE #102
General Information
Standard status
Active
Size
1,354 SF
Property subtype
Condominium
Amenities
Security System
Central Air
Electric
Ceiling Fan(s)
Zoned
Electric Range
Microwave
Range Hood
Refrigerator
Washer
Dryer
Dishwasher
Patio, Pool
Building Details
Building Size
1,354 SF
Year Built
2003
Listing Agency:
BHGRE Metro Brokers
Listed By:
First MLS
(404) 843-2500
Source:
Kw
Added: Jul 23, 2025
Changed: Oct 3
Last Checked: Oct 7 at 9:34AM
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 BHGRE Metro Brokers
Investment Insights
Based on property information with market context.
This contemporary two-story loft, located in the heart of East Atlanta, offers urban social living at its finest. The unit features two bedrooms and two full baths, creating a double master layout suitable for roommates or a home office. A modern kitchen is equipped with granite countertops and stainless steel appliances, including a refrigerator, washer, and dryer. The loft includes a patio area overlooking a storybook manicured sprawling courtyard. The complex provides numerous social areas, including a full fitness complex, a rooftop social area, and a locked mail facility in the building. Residents also have access to a large pool, hot tubs, a social lounge area, and a second gym in building 2 at 130 Arizona. A dog park is part of the complex. Conveniently located near shopping, restaurants, MARTA, and with easy access to the interstates, this loft offers a vibrant Atlanta living experience. The property size is 1354 square feet.
Key Highlights
- Two full bedrooms and bathrooms (double master layout) ideal for roommates or home office.
- Enjoy access to extensive complex amenities including a pool, hot tubs, social lounge, two gyms, dog park, and rooftop social area.
- Bright, two‑story loft with a patio overlooking a storybook manicured courtyard.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,935
Cap Rate
3.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$298,700
$298.7K
Cap Rate 7%
$213,357
$213.4K
Cap Rate 9%
$165,944
$165.9K
Market Conditions
NOI Build-Up for 1,354 SF
Gross rent
$28.4K $21.00/SF
− Vacancy
−$1.3K −$0.95/SF
EGI
$27.2K $20.06/SF
− OpEx
−$12.2K −$9.02/SF
NOI
$14.9K $11.03/SF
Area
Atlanta, GA
Vacancy
4.50%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$298,700
Cap Rate 7%
$213,357
Cap Rate 9%
$165,944
Alternative Uses
Best Use
Apartment 5plus
$213.4K
$186.7K – $248.9K
NOI $14,935 @ 7.0% cap · market cap 3.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$378.5K
$331.2K – $441.6K
NOI $26,495 @ 7.0% cap · market cap 6.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
861
Businesses Nearby
Explore this area
Business Placement
Demographics for 30307, GA
20,807
Population
10,308
Households
2
Avg Household Size
37
Median Age
82%
College-Educated
98%
High-School Grad
4.5 sq mi
ZIP Area
4,624
Density / Sq Mi
$147,553
Median Household Income
$86,485
Median Earnings
$2,001
Median Rent
$704,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Two-story loft with modern amenities and social areas.
Where is this apartment building located?
The property is located at 195 Arizona Avenue NE #102 Atlanta, GA.
What is the asking price?
The asking price for this property is $379,000.
What are key features of this property?
This property features: Two full bedrooms and bathrooms (double master layout) ideal for roommates or home office.; Enjoy access to extensive complex amenities including a pool, hot tubs, social lounge, two gyms, dog park, and rooftop social area.; Bright, two‑story loft with a patio overlooking a storybook manicured courtyard.
