Property Description

Prime Investor and Student Housing Opportunity - You Cannot Get Closer to Emory University. Fully leased 6-unit multi-family located next to Emory University's campus with ~$10k in rent roll each month. The property consists of three 1-bed/1-bath units and three 2-bed/1-bath units, all renovated in 2021 with upscale interior and exterior finishes, and well maintained ever since. Every unit features a new kitchen with stainless steel appliances and granite countertops, in-unit stackable washer/dryer, renovated bathroom, hardwood flooring, and fresh paint. Major systems are updated throughout, including newer HVACs, newer roof, and newer windows. All units are separately metered for gas and power. Income is already in place, with room to grow. Three of the six units are currently operating as short-term rentals, demonstrating strong nightly-rate potential alongside traditional leasing. The building includes an 10-car parking lot, and the unused side yard can be converted into approximately 8 additional parking spaces - a meaningful new revenue stream in a parking-starved area near campus. The property sits next to a stream but no flood insurance is required. Whether you are targeting long-term student housing or Airbnb income, the location, condition, and flexibility of this property are hard to beat. This spot in Emory Village is always in high rental demand.

Property Features

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