Multifamily Investment Property in
512 Lindsay St NW, Atlanta, GA 30314
10-unit multifamily property with strong income and growth potential.
Type:Multifamily
- Added:
- Feb 9, 2024
- Days on Market:
- 842
- Last Refresh:
- May 12 at 10:00 pm
Property Features for 512 Lindsay St NW
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Listing agent Dave Alleyne
Listing office Real Time Realty Of Georgia, LLC.
Listing date Feb 9, 2024
Source Crexi
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 Real Time Realty Of Georgia, LLC.
HighLights
- 100% Occupancy: Fully occupied 10‑unit multifamily property providing immediate and consistent cash flow.
- Strong NOI: Generates a substantial Net Operating Income (NOI) of $108,133.61 annually.
- Prime Location: Situated in English Avenue, an area undergoing rapid revitalization and significant investment.
- BeltLine Proximity: Located in immediate proximity to the Atlanta BeltLine Westside Connector Trail.
- Growth Potential: Significant long‑term appreciation potential due to surrounding transformative mixed‑use developments like Echo Street West and Herndon Square.
- Stabilized Asset: Well‑performing property with consistent rent collections and professional management already in place.
Overview
Located in the English Avenue neighborhood, this 10-unit multifamily investment property at 512 Lindsey St NW, Atlanta, GA 30318, is 100% occupied. The property generates a gross scheduled income of $131,016 annually and a net operating income of $108,133.61 annually. The area is undergoing a full-scale transformation driven by public and private investment, including the Atlanta BeltLine Westside Connector Trail expansion. Nearby developments include Echo Street West, a 19-acre mixed-use destination with office, retail, restaurant space, and residential units, and Herndon Square, a mixed-use project delivering rental units, townhomes, and a grocery store. Westside Future Fund initiatives are also supporting long-term affordability and revitalization. The property benefits from its proximity to the BeltLine Westside Connector and its location minutes from Downtown, Midtown, and Westside employment centers. This stabilized asset offers consistent rent collections and professional management, presenting a combination of in-place cash flow and long-term appreciation potential tied to location and redevelopment momentum.
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Atlanta
- County
- Cobb
- State
- Georgia
- Longitude
- -84.4167512
- Latitude
- 33.7689193
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FAQs
What type of property is this?
Apartment building - 10-unit multifamily property with strong income and growth potential.
Where is this apartment building located?
The property is located at 512 Lindsay St NW Atlanta, GA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 100% Occupancy: Fully occupied 10‑unit multifamily property providing immediate and consistent cash flow.; Strong NOI: Generates a substantial Net Operating Income (NOI) of $108,133.61 annually.; Prime Location: Situated in English Avenue, an area undergoing rapid revitalization and significant investment.
