678 Moreland Ave Atlanta, GA 30306

This exceptional investment opportunity presents a newly renovated, 10-unit apartment building situated on a 0.452-acre lot in Atlanta's desirable Poncey-Highland neighborhood. The property boasts 13,000 square feet across three stories, featuring a mix of one, two, and three-bedroom units. Each unit has been completely updated, including new interiors, wiring, plumbing, and HVAC systems. Modern finishes such as white cabinetry, granite countertops, and stainless steel appliances are standard throughout. All units include in-unit laundry, and many feature eat-in kitchens or sunrooms. The substantial lot size offers significant potential for future development, adding to the property's considerable value. Its prime location places residents within walking distance of Freedom Park, providing easy access to the Atlanta BeltLine, Ponce City Market, and numerous parks. The property's proximity to Little Five Points, Inman Park, and Virginia Highlands ensures residents enjoy the vibrant intown lifestyle. The building is zoned Poncey-Highland SA-4, and the asking price is $3,200,000, with a pro-forma NOI of $180,832. The average household income within a one-mile radius is $142,935. This is a rare chance to acquire a high-performing multifamily asset in a highly sought-after Atlanta location. The property's strong cash flow, combined with its development potential, makes it an attractive investment for discerning buyers. The building's recent renovation ensures minimal capital expenditures are needed in the near future, maximizing returns for the investor. This is a truly unique opportunity to own a piece of Atlanta's thriving real estate market.