Brick Garden Apartment
New
For Sale
$3,200,000
2410 Benjamin E Mays Dr SW, Atlanta, GA 30311
The 32-unit property includes renovated apartments with updated kitchens, bathrooms, and flooring.
Property SizeContact for details
Days on Market4
Property Features for 2410 Benjamin E Mays Dr SW
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Asking Price
$3,200,000
Multifamily Units
32
Amenities
20 units renovated with kitchen and bath upgrades, many with new flooring and some with dishwashers and washer/dryer hookups
Value-add upside from finishing the remaining units to the same standard
Rents below nearby comps, on some of the largest floor plans in the area
Room to lower operating costs
8.0% Year 1 cap rate, 9.0% cash-on-cash, 15.1% levered IRR
Building Details
Units
32
Construction
brick garden
Listing Agency:
Atlanta Office
Listed By:
Scott Spalding · License #License(s): GA: 357951, FL: SL 3516977, AL: 125796-0
(678) 808-2814
Source:
Marcusmillichap
Added: Oct 14
Changed: Oct 15
Last Checked: Oct 16 at 5:41AM
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 Atlanta Office
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Investment Insights
Based on property information with market context.
Dream Court is a 32-unit brick garden apartment community at 2410 Benjamin E. Mays Drive SW in Atlanta. Renovations have been completed in 20 units, including updated kitchens and bathrooms, along with new flooring. Some renovated apartments also have dishwashers and washer/dryer hookups; work is underway on additional units.
Key Highlights
- 32‑unit brick garden apartment community
- 20 of 32 units renovated with updated kitchens, bathrooms, and flooring
- Some units include dishwashers and washer/dryer hookups
Property Analytics
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Current Use
Lease Details
32
Residential units
Location Intelligence
Trade Area within ½ mile
313
Businesses Nearby
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Business Placement
Demographics for 30311, GA
33,568
Population
17,041
Households
2
Avg Household Size
38
Median Age
32%
College-Educated
90%
High-School Grad
12.5 sq mi
ZIP Area
2,685
Density / Sq Mi
$51,242
Median Household Income
$35,874
Median Earnings
$1,120
Median Rent
$270,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - The 32-unit property includes renovated apartments with updated kitchens, bathrooms, and flooring.
Where is this apartment building located?
The property is located at 2410 Benjamin E Mays Dr SW Atlanta, GA.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: 32‑unit brick garden apartment community; 20 of 32 units renovated with updated kitchens, bathrooms, and flooring; Some units include dishwashers and washer/dryer hookups
