palmerreis

SOUTH CITY TOWNHOMES (Developed Lots)

1540 Northwest Drive NW, Atlanta, GA 30331

The residential neighborhoods of Westside Atlanta have experienced significant demand for new housing supply in recent years. The area is desirable due to its proximity to downtown Atlanta, major interstate corridors, job districts, and an ever-growing number of shopping and restaurant destinations. Nearby new construction townhome projects are benefiting from this economic growth visible as builders such as Brock Built, Ashton Woods, and Pulte Homes have recently completed new townhome communities ranging in price from $400,000 - $1 million.

Year Built
Cap Rate
Avg Unit Size (SF)
Avg Market Rent
Lot Size
Acres
5.31
# of Units
# Lots
120

120 Developed Lots located on 5.31 acres in Fulton County, zoned RG-3, and engineered for 16'x33' and 16'x40' townhome lots.

$12,000,000
Status
Under Contract
Property Type
Offering Memorandum
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Broker of Record
Listing Agent
Kyle Palmer
Kyle Palmer
kpalmer@palmerreis.com
+1 (404) 556-5392
326753 (GA)
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