2400 N Beverly Hills Drive, Chamblee, GA 30341
Multi Family - Chamblee, GA
- Added:
- Mar 18, 2026
- Days on Market:
- 89
- Last Refresh:
- Jun 14 at 4:06 am
Property Features for 2400 N Beverly Hills Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Multi Family
- Standard status
- Active
- Size
- 7,109 SF
- Lot size
- 0.88 Acres
Utilities
- Heating system
- Heat Pump (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 1963
- Architectural style
- Other
Listing agent Willie Acree (404) 903-5313
Listing office South Fulton Office 1195 Fairburn Road SW, Suite F-140, Atlanta, GA (404) 777-9045
Listing date Mar 18, 2026
Copyright © 2026 Berkshire Hathaway HomeServices Georgia Properties. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- High‑Density Redevelopment Potential: Zoned RM‑75, allowing for potential development of up to 24 apartment units.
- Fully Occupied & Income‑Producing: Currently operating at 100% occupancy.
- Prime Location in Desirable Chamblee: Located in a rapidly developing area of Metro Atlanta with convenient access to major transportation routes (I‑285 and I‑85).
- Value‑Add Opportunity: Potential to capitalize on future rent growth.
- Renovated with Modern Upgrades: Blends classic mid‑century construction with modern upgrades appealing to today's renters (renovated in 2017).
- Multifamily Investment: A rare multifamily investment opportunity in a sought‑after Atlanta submarket.
Overview
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 | $185.1k | $26.04 |
| − Vacancy | −$11.5k | −$1.61 |
| EGI | $173.6k | $24.43 |
| − OpEx | −$78.1k | −$10.99 |
| NOI | $95.5k | $13.43 |
Alternative Uses
Current Use by Public Records
Map
- City
- Chamblee
- County
- DeKalb
- State
- Georgia
- Longitude
- -84.28917
- Latitude
- 33.882004
