Investing in real estate has always been a popular choice among investors looking for a stable and profitable venture. With the current real estate market in Atlanta booming, there has never been a better time to explore the investment potential of this vibrant city. One property that is catching the attention of investors is Unit 314, located in a newer built 6-story building in the historic Old Fourth Ward area of Atlanta.
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Situated in a prime location, this building offers 97 units, each with fabulous views of the Atlanta skyline. Unit 314, in particular, stands out with its own private lighted patio, providing a perfect space for relaxation and entertainment. The building itself boasts an array of amenities, including a gorgeous rooftop patio, a cafe lounge in the west lobby, and a relaxing natural element lounge in the east lobby. Additionally, the building offers 99 parking spaces in a convenient garage, ensuring that residents always have a place to park their vehicles.
One of the most attractive aspects of this investment property is that it is currently tenant occupied. This means that investors can start earning rental income from day one, making it an ideal opportunity for those looking for immediate returns on their investment. With a strong demand for rental properties in Atlanta, finding reliable tenants for this unit should not be a challenge.
Potential buyers interested in viewing the property should note that showings require a 48-hour notice. It is important to adhere to this requirement and not use the showing time service to ensure a smooth and professional viewing experience.
The Old Fourth Ward area of Atlanta is a highly sought-after neighborhood, known for its rich history and vibrant culture. The area is home to various attractions, including the Martin Luther King Jr. National Historic Site, Ponce City Market, and the BeltLine Eastside Trail. Investing in this area not only provides an opportunity for financial growth but also allows investors to be a part of a thriving community.
As with any investment, it is crucial to conduct thorough research and analysis before making a decision. Working with a knowledgeable real estate agent who specializes in investment properties can provide valuable insights and guidance throughout the buying process. They can help investors assess the property’s potential for appreciation, rental income, and long-term profitability.
In conclusion, the Atlanta investment property market is ripe with opportunities, and Unit 314 in the Old Fourth Ward area presents a compelling option for investors. With its prime location, stunning views, and attractive amenities, this property has the potential to generate steady rental income. By taking advantage of the current market conditions and working with experienced professionals, investors can make a smart and lucrative investment in Atlanta’s real estate market.
525 Parkway Drive NE, Atlanta, GA 30308