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David Long

djlong337@gmail.com +1(404) 997-9681

$2,100,000

Est. payment - /mo

0.88 Acres Lot

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Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Subdivision No Subdivision

MLS Listing ID 7737106

Construction Status Resale

HOA Y/N No

Year Built 1963

Annual Tax Amount $17,445

Tax Year 2024

Lot Size 0.880 Acres

Acres 0.88

Property Sub-Type Other

Source First Multiple Listing Service

Property Description

Introducing a rare multifamily investment opportunity located in the highly desirable Chamblee submarket of Atlanta. Situated at 2400 Beverly Hill Dr, this 7,109 square foot apartment building features 8 fully occupied residential units, providing investors with a stable and reliable income-producing asset.

Originally constructed in 1963 and renovated in 2017, the property blends classic mid-century construction with modern upgrades that appeal to today's renters. The building currently operates at 100% occupancy, generating consistent cash flow while offering investors the opportunity to capitalize on future rent growth in a rapidly developing area of Metro Atlanta.

The property is zoned RM-75, creating a unique value-add and redevelopment opportunity. Based on the zoning and site configuration, the property has the potential to support the development of up to 24 apartment units, allowing investors or developers to significantly increase density and maximize the long-term value of the site.

Located near major transportation routes such as Interstate 285 and Interstate 85, the property offers convenient access to Atlanta's key employment centers, retail districts, and lifestyle amenities. The surrounding area continues to benefit from strong residential demand and ongoing redevelopment activity.

With its current income stream, full occupancy, and significant redevelopment potential, 2400 Beverly Hill Dr presents a compelling opportunity for investors seeking to expand their multifamily or low-rise/garden apartment portfolio. Whether maintained as a cash-flowing asset or redeveloped into a higher-density project, this property offers both immediate returns and long-term growth potential in one of Metro Atlanta's most active investment corridors.

Location

State GA

County Dekalb

Area None

Lake Name None

Interior

Heating Heat Pump

Cooling Central Air

Flooring Carpet

Window Features None

Exterior

Parking Features Level Driveway, Parking Lot, Paved

Fence None

Community Features None

Utilities Available Other

Waterfront Description None

View Y/N Yes

View Other

Roof Type Tar/Gravel

Accessibility None

Handicap Access None

Total Parking Spaces 9

Private Pool false

Building

Lot Description Level

Story One

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Brick,Brick 4 Sides

Construction Status Resale

Schools

Elementary Schools Dresden

Middle Schools Sequoyah - Dekalb

High Schools Cross Keys

Others

Senior Community no

Tax ID 18 280 03 004

Acceptable Financing Other

Listing Terms Other

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Listed by Berkshire Hathaway HomeServices Georgia Properties

NEARBY SCHOOL & BUSINESS

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David Long

+1(404) 997-9681

Agent | License ID: 403423

Agent License ID: 403423

2400 N Beverly Hills DR Chamblee, GA 30341

David Long

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

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