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Garden-Style Multifamily Building
For Sale
$960,000

345 Lanier St NW, Atlanta, GA 30318

Sixteen garden-style apartments comprise all two-bedroom units in northwest Atlanta.

Property Size15,216 SF
Days on Market97

Property Features for 345 Lanier St NW

General Information

Standard status Active
Size 15,216 SF
Class C
Property subtype Multi-Family

Additional Details

Multifamily Units 16

Building Details

Building Size 15,216 SF
Year Built 1963
Units 16
Construction garden-style
Listing Agency: Bull Realty
Listed By: Andy Lundsberg · License #256959
Source: Commercialcafe
Added: Jun 22 Changed: Sep 20 Last Checked: Sep 26 at 4:04AM

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 Bull Realty

Investment Insights

Based on property information with market context.

This 16-unit, garden-style multifamily property is comprised entirely of two-bedroom units. The layout reflects a low-density, vintage multifamily configuration typical of established workforce housing. The listing is offered as non-performing first-lien collateral.

The asset is located in northwest Atlanta, GA and is described as first-lien collateralized by the multifamily property.

The overall size and unit mix are designed for investors seeking small-balance multifamily with an emphasis on potential for operational improvement.

Key Highlights

  • 16‑unit garden‑style multifamily property located in northwest Atlanta
  • All units are 2‑bedroom units
  • Non‑performing first lien collateralized by the 16‑unit multifamily property

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Restaurant Pharmacy

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

16
Residential units

Location Intelligence

Trade Area within ½ mile

357
Businesses Nearby

Demographics for 30318, GA

60,392
Population
29,993
Households
2
Avg Household Size
31
Median Age
54%
College-Educated
92%
High-School Grad
20.3 sq mi
ZIP Area
2,975
Density / Sq Mi
$79,222
Median Household Income
$53,455
Median Earnings
$1,702
Median Rent
$395,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Sixteen garden-style apartments comprise all two-bedroom units in northwest Atlanta.
Where is this apartment building located?
The property is located at 345 Lanier St NW Atlanta, GA.
What is the asking price?
The asking price for this property is $960,000.
What are key features of this property?
This property features: 16‑unit garden‑style multifamily property located in northwest Atlanta; All units are 2‑bedroom units; Non‑performing first lien collateralized by the 16‑unit multifamily property
More about this property
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