Second-Floor Residential Income
For Sale
$345,000
7265 Glisten Avenue Unit 120, Atlanta, GA 30328
Corner unit with updated finishes and a private balcony overlooking landscaped grounds.
Property Size1,138 SF
Price / SF$303.16
Days on Market97
Property Features for 7265 Glisten Avenue Unit 120
General Information
Standard status
Active
Size
1,138 SF
Total Parking Spaces
1
Elevators
Yes
Property subtype
Commercial
Additional Details
Public Transit
Yes
Multifamily Units
1
Amenities
gated access
private storage
resort-style pool
fitness center
clubhouse
dog park
private balcony
Building Details
Year Built
2012
Listing Agency:
Hirsh Real Estate- SandySprings.com
Listed By:
Marci Robinson
(404) 317-1138
Source:
Sandysprings
Added: Jul 15
Changed: Oct 3
Last Checked: Oct 16 at 5:49AM
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 Hirsh Real Estate- SandySprings.com
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Investment Insights
Based on property information with market context.
This 1,138-square-foot second-floor corner unit was built in 2012 and features an open interior with granite countertops, stainless steel appliances, fresh designer paint, and updated fixtures. The residence includes two bedrooms, with the second bedroom offering French doors and flexible office or guest use. The primary suite has a soaking tub, separate shower, and custom walk-in closet. A private balcony extends the living area and overlooks maintained landscaping, while a new roof adds to the property’s recent improvements.
The gated community provides elevator service, garage parking with a designated space, private storage, a resort-style pool, fitness center, clubhouse, and dog park. The property is near MARTA, Perimeter Mall, shopping, dining, and major commuter routes.
The gated community provides elevator service, garage parking with a designated space, private storage, a resort-style pool, fitness center, clubhouse, and dog park. The property is near MARTA, Perimeter Mall, shopping, dining, and major commuter routes.
Key Highlights
- 1,138‑square‑foot second‑floor corner unit
- Two bedrooms, including a flexible second room with French doors
- Granite countertops, stainless steel appliances, fresh designer paint, and updated fixtures
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,288
Cap Rate
4.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$305,760
$305.8K
Cap Rate 7%
$218,400
$218.4K
Cap Rate 9%
$169,867
$169.9K
Market Conditions
NOI Build-Up for 1,138 SF
Gross rent
$29.6K $26.04/SF
− Vacancy
−$1.8K −$1.61/SF
EGI
$27.8K $24.43/SF
− OpEx
−$12.5K −$10.99/SF
NOI
$15.3K $13.43/SF
Area
ZIP 30328
Vacancy
6.20%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$305,760
Cap Rate 7%
$218,400
Cap Rate 9%
$169,867
Alternative Uses
Best Use
Apartment 5plus
$218.4K
$191.1K – $254.8K
NOI $15,288 @ 7.0% cap · market cap 4.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$318.1K
$278.4K – $371.1K
NOI $22,268 @ 7.0% cap · market cap 6.45%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
320
Businesses Nearby
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Business Placement
Demographics for 30328, GA
40,322
Population
19,878
Households
2
Avg Household Size
38
Median Age
72%
College-Educated
97%
High-School Grad
12.7 sq mi
ZIP Area
3,175
Density / Sq Mi
$113,736
Median Household Income
$74,406
Median Earnings
$1,943
Median Rent
$551,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Corner unit with updated finishes and a private balcony overlooking landscaped grounds.
Where is this residential income property located?
The property is located at 7265 Glisten Avenue Unit 120 Atlanta, GA.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: 1,138‑square‑foot second‑floor corner unit; Two bedrooms, including a flexible second room with French doors; Granite countertops, stainless steel appliances, fresh designer paint, and updated fixtures
