Park Estates

06-16-2022
06-27-2022

1818 Vesta Ave, Atlanta, GA 30337

  • Brick Asset in Turn-Key Condition, Completely renovated interiors and exteriors in 2021-2022.
  • Lease-up provides immediate upside opportunity to burn off existing loss to lease and increase existing rents to match submarket competition
  • Laundry facility delivered April 2022, providing an additional income opportunity.
  • 5 brand-new, top of the line units delivered in April 2022 with 9-foot ceilings a total buildout cost ~$85k/unit.
  • Units are all electric and individually sub-metered for power and water.
  • Located between two transformational developments amounting to a $1.6B+ investment into the submarket. Six West is 1 mi south & The Commons 1 mi north

Key Property Information

Listing Status
Available
Listing Type
Highest & best offer
Multifamily type
Garden Style
No. of Units
25
Year Built
1962
Year Renovated
2022
Building Size
20,052 Sq ft
Lot Size
37,026 Sq ft
No. of Stories
2
Opportunity Zone
Off
Price per unit
$ 0
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