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10-Unit Apartment Building

297 Burbank Drive NW, Atlanta, GA 30314

For Sale
$1,800,000

All apartments are occupied, with a mix of one- and two-bedroom layouts.

Property SizeContact for details
Days on Market12

Property Features for 297 Burbank Drive NW

General Information

Standard status Active
Property subtype Multi-Family
Occupancy 100%

Site & Location

Neighborhood Hunter Hills
Highway Access Yes

Units

Unit Mix 6 x 1BR/1BA (approx. 500 SF), 4 x 2BR/1BA (approx. 750 SF)
Multifamily Units 10

Additional Details

Tenant in Place Yes

Building Details

Year Built 1963
Year Renovated 2021
Buildings 1
Tenancy Multi
Listing Agency: Chapman Hall Realty
Listed By: Atlanta Property Professionals
Source: Propertyprosatlanta
Added: Nov 3 Changed: Nov 12 Last Checked: Nov 12 at 7:49AM

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 Chapman Hall Realty

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Investment Insights

Based on property information with market context.

This 10-unit apartment property at 297 Burbank Drive NW has six one-bedroom, one-bathroom apartments of approximately 500 square feet each and four two-bedroom, one-bathroom apartments of approximately 750 square feet each. A comprehensive renovation was completed in 2021, covering the framing, drywall, electrical and plumbing systems, HVAC, flooring, roof, and appliances. The building was constructed in 1963, and all units are occupied by long-term tenants.

The property is in Atlanta, near Downtown, Georgia Tech, the Atlanta University Center, Mercedes-Benz Stadium, the Atlanta BeltLine, and neighborhood parks. Major routes in the area include I-20 and I-75/85.

Key Highlights

  • 10 apartments: six 1‑bedroom, 1‑bath units of approximately 500 square feet and four 2‑bedroom, 1‑bath units of approximately 750 square feet
  • Renovated in 2021, including framing, drywall, electrical, plumbing, HVAC, flooring, roof, and appliances
  • All units occupied by long‑term tenants

Property Analytics

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Lease Details

10
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,270
Businesses Nearby

Demographics for 30314, GA

20,598
Population
9,900
Households
2.1
Avg Household Size
29
Median Age
30%
College-Educated
84%
High-School Grad
4.6 sq mi
ZIP Area
4,478
Density / Sq Mi
$36,870
Median Household Income
$24,810
Median Earnings
$991
Median Rent
$210,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Apartment buildings in Atlanta, GA

$261 Jul
$254 Aug
$258 Sep
$233 Oct

Properties on Market for Apartment buildings in Atlanta

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - All apartments are occupied, with a mix of one- and two-bedroom layouts.
Where is this apartment building located?
The property is located at 297 Burbank Drive NW Atlanta, GA.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 10 apartments: six 1‑bedroom, 1‑bath units of approximately 500 square feet and four 2‑bedroom, 1‑bath units of approximately 750 square feet; Renovated in 2021, including framing, drywall, electrical, plumbing, HVAC, flooring, roof, and appliances; All units occupied by long‑term tenants
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