Renovated 44-Unit Multifamily
For Sale
Contact for pricing
2612 Steele Avenue SW, Atlanta, GA 30315
Park South Apartments is a 44-unit community with extensive exterior upgrades and 17 fully renovated apartment homes.
Property Size66,337 SF
Price / SF$90.30
Days on Market55
Property Features for 2612 Steele Avenue SW
General Information
Standard status
Active
Size
66,337 SF
Class
C
Total Parking Spaces
70
Property subtype
Multifamily
Zoning
RG 2
Investment Type
Value Add
Additional Details
Highway Access
Yes
Multifamily Units
44
Building Details
Year Built
1966
Year Renovated
2025
Buildings
11
Units
44
Tenancy
Multi
Listing Agency:
Compass
Listed By:
Kesha Williams · License #325434
(678) 677-0364
Source:
Crexi
Added: Jul 16
Changed: Sep 3
Last Checked: Sep 7 at 11:10AM
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 Compass
Investment Insights
Based on property information with market context.
Park South Apartments is a 44-unit multifamily community originally constructed in 1966 that has undergone substantial capital improvements. Ownership has completed extensive exterior renovations, including new roofs, fresh exterior paint, parking lot paving and striping, upgraded HVAC systems, water heaters, and numerous site improvements. In addition, 17 apartment homes have been fully renovated, establishing an on-site renovation program aligned with a value-add strategy.
The property is positioned within Atlanta’s South Airport Corridor and offers connectivity just minutes from Hartsfield-Jackson Atlanta International Airport, Downtown Atlanta, Interstate 75/85, Interstate 285, and Camp Creek Marketplace.
The business plan contemplates completing the remaining interior renovation program and executing ongoing lease-up and operational improvements to support long-term performance. The community is Section 8 eligible, providing additional leasing flexibility.
The property is positioned within Atlanta’s South Airport Corridor and offers connectivity just minutes from Hartsfield-Jackson Atlanta International Airport, Downtown Atlanta, Interstate 75/85, Interstate 285, and Camp Creek Marketplace.
The business plan contemplates completing the remaining interior renovation program and executing ongoing lease-up and operational improvements to support long-term performance. The community is Section 8 eligible, providing additional leasing flexibility.
Key Highlights
- Park South Apartments is a 44‑unit multifamily community, originally built in 1966.
- Exterior renovations completed include new roofs, fresh exterior paint, and parking lot paving and striping.
- Capital improvements include upgraded HVAC systems and water heaters, plus numerous site improvements.
Property Analytics
Property Profile
Current Use
Lease Details
44
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
293
Businesses Nearby
Explore this area
Business Placement
Demographics for 30315, GA
34,327
Population
15,458
Households
2.2
Avg Household Size
34
Median Age
28%
College-Educated
82%
High-School Grad
11.5 sq mi
ZIP Area
2,985
Density / Sq Mi
$42,383
Median Household Income
$36,311
Median Earnings
$989
Median Rent
$266,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Park South Apartments is a 44-unit community with extensive exterior upgrades and 17 fully renovated apartment homes.
Where is this apartment building located?
The property is located at 2612 Steele Avenue SW Atlanta, GA.
What is the asking price?
The asking price for this property is $5,990,000.
What are key features of this property?
This property features: Park South Apartments is a 44‑unit multifamily community, originally built in 1966.; Exterior renovations completed include new roofs, fresh exterior paint, and parking lot paving and striping.; Capital improvements include upgraded HVAC systems and water heaters, plus numerous site improvements.
