A multifamily rehab project that’s come to market this week in historic West End stands out in several ways, as intown Atlanta apartment communities go.
The complex at 647 Lawton Street was built in the 1930s in the Spanish Mission style, which isn’t common in the ATL outside of Buckhead mansions and a smattering of apartment buildings in places like, fittingly, Ponce de Leon Avenue.
Today, the 12-unit West End building stands a little more than a block from an entrance to the BeltLine’s Westside Trail and the growing Lee + White adaptive-reuse warehouse district. It’s 100 percent leased at the moment, situated on about 3 acres, and is now listed with City Realty Advisors for $3.05 million.
“In all my time working in Atlanta, it’s by far the coolest apartment building and best quality refurb I’ve seen,” Nik Hatzis, City Realty Advisors vice president, tells Urbanize Atlanta. “It was completely rehabbed right down to the studs—all new mechanical systems and new roof.”
Each of the one-bedroom, one-bathroom apartments rents for $1,450 monthly. All but four of them include balconies, and each is roughly 700 square feet, according to Hatzis.
Perks include the property’s strong 80 Walk Score (the 57 Transit Score, not so much), plus stacked washer and dryer units in each apartment. Stainless steel appliances, granite countertops, and LVT flooring (that’s “luxury vinyl tile”) are standard.
Marketing materials describe the “non-replicable property” as a “generational opportunity” in “one of Atlanta’s truly unique neighborhoods” that’s “largely underserved of for-rent apartments.”
Have a gander in the gallery above.
• West End news, discussion (Urbanize Atlanta)