1136 Crescent Avenue
Closed1136 Crescent Avenue, Atlanta, GA 30309
Property type
Multifamily
Unit / Space count
16
Price
$6,700,000
Building size
19,000 sf
Rentable area
19,000 SF
Year built
1960
Year renovated
Occupancy
Zoning code
Lot size
0.16 Acres
Sold/status
Sold · Date unknown
Sale price
$6700000
Bedroom count
Property description
1136 Crescent Avenue is a Mixed-Use Property located on the corner of Crescent Avenue and 13th Street in the heart of Midtown, Atlanta. The building is positioned within the center of the Midtown Financial District. 1136 Crescent has four levels, with the first two stories being dedicated to commercial tenant occupied space. The top two stories consist of 14 residential units, which were recently renovated. The apartments contain 8 one-bedroom/one bath units and 6 studio/one bath units. The apartments feature hardwood floors, stackable washers & dryers, and upgraded electrical and plumbing throughout. Both Restaurant and Bar tenants are projecting increased demand at this location due to the completion of thousands of additional apartment units within the immediate area. Additional income is provided by an ATM which is located at the front of the property. 1136 Crescent Avenue is an ideal net leased investment located in the heart of Atlanta, GA. With available 3rd party management for the apartments or through self-management, this property offers an investor a stable cash-flow with a predictable future growth in income..