Listing Agency: Bull Realty m***@bullrealty.com Show Phone

Listed By: Andy Lundsberg · License #GA 256959

Source: Crexi

Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 3:45PM

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Investment Insights

Based on property information with market context.

This apartment building contains 16 residential units and has been renovated. The property is located at 720 Formwalt St SW in Atlanta, Georgia 30315.

Key Highlights

• 16‑unit apartment building
• Renovated property
• Located at 720 Formwalt St SW, Atlanta, GA 30315

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Pharmacy Locksmith (Bike/Boat/Book/etc) Store Pet Grooming Service Florist Carpet & Flooring 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

16

Residential units

Location Intelligence

Trade Area within ½ mile

907

Businesses Nearby

Explore this area Business Placement

Demographics for 30315, GA

34,327

Population

15,458

Households

2.2

Avg Household Size

34

Median Age

28%

College-Educated

82%

High-School Grad

11.5 sq mi

ZIP Area

2,985

Density / Sq Mi

$42,383

Median Household Income

$36,311

Median Earnings

$989

Median Rent

$266,200

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Apartment building - Updated multifamily property comprising multiple residential units.

Where is this apartment building located?

The property is located at 720 Formwalt St SW Atlanta, GA.

What are key features of this property?

This property features: 16‑unit apartment building; Renovated property; Located at 720 Formwalt St SW, Atlanta, GA 30315