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Three-Building Apartment Community
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Pending

294 Brownlee Rd SW, Atlanta, GA 30311

Apartment community with 34 two-bedroom, 1.5-bath units across three buildings totaling 33,300 SF.

Property Size33,300 SF
Days on Market147

Property Features for 294 Brownlee Rd SW

General Information

Standard status Pending
Size 33,300 SF
Property subtype Multifamily

Additional Details

Multifamily Units 34
Listing Agency: Marcus & Millichap - Atlanta
Listed By: Chris Cain · License #AL 000118163-0
Source: Crexi
Added: Apr 12 Changed: Aug 24 Last Checked: Sep 4 at 12:03PM

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 Marcus & Millichap - Atlanta

Investment Insights

Based on property information with market context.

The subject property is a 34-unit apartment community spread across three buildings, totaling 33,300 SF. The units are configured as two-bedroom, one-and-a-half-bath residences.

The property is located inside the perimeter on Atlanta’s west side. Perimeter 294 is roughly seven miles from downtown. It is about five miles from the historic Atlanta University Center, home to Clark Atlanta University, Morehouse College, and Spelman College, and residents can also travel to Georgia State University and the Georgia Institute of Technology.

This is a straightforward multi-building residential income asset with consistent unit mix throughout the community.

Key Highlights

  • 34‑unit apartment community in 3 buildings totaling 33,300 SF
  • All units are 2‑bedroom, 1.5‑bath units
  • Located on Atlanta’s west side inside the Perimeter, about 7 miles from downtown

Property Analytics

Current Use

Perimeter 294 Apartment Building

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Dental Office Auto Repair Shop HVAC Service Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

34
Residential units

Location Intelligence

Trade Area within ½ mile

260
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Apartment community with 34 two-bedroom, 1.5-bath units across three buildings totaling 33,300 SF.
Where is this apartment building located?
The property is located at 294 Brownlee Rd SW Atlanta, GA.
What are key features of this property?
This property features: 34‑unit apartment community in 3 buildings totaling 33,300 SF; All units are 2‑bedroom, 1.5‑bath units; Located on Atlanta’s west side inside the Perimeter, about 7 miles from downtown
More about this property
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