Contacts

Steve Wohl

Oakhurst Realty Partners

Property Details

Property Type Multi-Family
Property Size 41,664 SF
Units 32
Additional Rent Contact for pricing
Year Built 2005
Date Updated Nov 15, 2024

Reynoldstown Commons Apartments represents a phenomenal opportunity for value add investment in a stabilized, LIHTC affordable housing asset, in the sought after Reynoldstown neighborhood of Atlanta. The property benefits from an excellent location near local, regional and national retail, the Atlanta Beltline Eastside trail, Interstate 20, Moreland Avenue and easy access to/from many neighborhoods of Atlanta. New ownership can benefit from upside of increased allowable rents to 60% AMI over the current 40%/50% AMI rents. Current ownership is applying for approval of higher rents. The property has historically enjoyed high occupancy and minimal turnover. For more details, please complete and return the confidentiality agreement.

Property is QC eligible

Two buildings on one parcel with

32 Units, built in 2005

41,664 SF

18 one bedroom and 14 three bedroom units

.4 miles from Eastside Beltline

3 minute walk to Inman Park/Reynoldstown MARTA station

Gazebo, community room, laundry room and playground on-site

19 free surface parking spaces

Individually metered for electricityPedestrian friendly – walk score of 77 according to walkscore.com. Short walk to variety of retail and restaurants

12 miles from Atlanta Airport

Convenient access to I-20, Memorial Drive and Moreland Avenue

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

88/100
Walk Score ®
60/100
Transit Score ®
65/100
Bike Score ®

Powered by Walk Score ®

Location

City Atlanta, GA
Neighborhood Reynoldstown
Zip Code 30316
Market Atlanta

Points of Interest

Inman Park/Reynoldstown

0.37 miles
Edgewood/Candler Park

0.87 miles
King Historic District

1.44 miles
King Memorial

1.47 miles
Edgewood at Hillard

1.51 miles
Dobbs Plaza

1.66 miles
Sweet Auburn Market

1.72 miles
Auburn at Piedmont

1.84 miles
Hurt Park

2.03 miles
Georgia State

2.07 miles

Texaco

0.03 miles
Valero

0.35 miles
Shell

0.77 miles
Kroger

1.00 miles
Chevron

1.26 miles
Exxon

1.41 miles
ChargePoint

1.61 miles
eVgo

1.62 miles
JuiceBox

3.50 miles
Tesla Supercharger

3.92 miles

Inman Park Park & Ride

0.43 miles
Edgewood/Candler Park Park & Ride

0.83 miles
Atlanta Medical Center Parking Deck B

1.38 miles
Atlanta Medical Parking Deck A

1.54 miles
faculty parking

1.56 miles
Lot 21 Parking

1.72 miles
Big Bethel Parking

1.78 miles
J Deck

1.83 miles
Grady Piedmont Deck

1.89 miles
Loft Parking

1.91 miles

Atlanta Motel

0.44 miles
Highland Inn

1.33 miles
Motor Hotel

1.58 miles
The Darwin Hotel

1.76 miles
Wylie Hotel Atlanta, Tapestry Collection by Hilton

1.78 miles
Greenwood Bed & Breakfast

1.80 miles
Courtland Grand Hotel, Trademark Collection by Wyndham

1.96 miles
Hilton Atlanta

2.01 miles
Ponce De Leon Place Bed & Breakfast

2.04 miles
E Hotel Downtown

2.04 miles

Kroger

0.26 miles
Target

0.35 miles
Ross

0.41 miles
Publix

0.63 miles
Four Corners of the Earth Market Place

0.75 miles
The Atlanta Dairies

0.75 miles
Sevananda

0.99 miles
Lidl

1.37 miles
Auburn Discount Grocery

1.59 miles
TJ Maxx

1.76 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.