512 Lindsay St NW Atlanta, GA 30314

Listing Agency Real Time Realty Of Georgia, LLC. d***@realtimerealtyga.com Show Phone

Listed by Dave Alleyne · License #321130

Source Crexi

Added: Feb 9, 2024 Checked: Jul 15 at 9:07 pm

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Investment Insights

Based on property information with market context.

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.

Key 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.

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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.