Matthews Logo

Navigation Menu

45 SHERIDAN DR NE, Atlanta, GA, 30305

French Quarter Apartments
$3,450,000

Key Information

$ per SF
$375
Tot. SF
9,200
Lot Size
0.3 Acres
$ per unit
$150,000
Units
23
Year Built
1967
Type
Multifamily
NOI
$132,177

Highlights

  • Airbnb Opportunity: 3 fully furnished units allowing for Airbnb rental opportunity.
  • Smart Home Features: Wired & Wi-Fi internet with smart home locks for enhanced tenant convenience.
  • Operational Upside: Significant operational upside and long term appreciation potential for new ownership.
  • Recent Renovations: Little to no capex needs with significant capital improvements made to both the exterior and interiors of the property including granite countertops, stainless steel appliances, updated lighting, vinyl plank flooring, etc.
  • Onsite Laundry: Onsite laundry facilities available for residents.
  • Prime Buckhead Location: Surrounded by high-quality shopping, dining, and hotels within the immediate Buckhead trade area, including The Shops at Buckhead, Lenox Square Mall, and Phipps Plaza.
  • Affluent Demographics: Median Household Income within a mile radius of just under $100,000.
  • Business District Access: Situated in Atlanta’s Buckhead submarket, one of the Southeast’s premier business districts with over 28 million SF of office inventory and a high concentration of Class A corporate tenancy.
  • Transit Connectivity: Proximate to MARTA’s Buckhead and Lenox rail stations, offering direct transit connectivity to Midtown, Downtown, and Hartsfield-Jackson Atlanta International Airport.
  • Retail Proximity: Less than 1 mile from Lenox Square and Phipps Plaza, two of the Southeast’s highest-performing luxury retail centers.

Photos

Location

Agents

Broker of Record

Maxx Bauman

License # 80041, 451849 (GA)
Matthews Real Estate Investment Services, LLC
1600 West End Ave., Ste. 1500, Nashville, TN 37203