Georgia / Atlanta / 30318 / 399 Holly Street Northwest

399 Holly Street Northwest

Atlanta, GA 30318

Listing ID: 203979

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$1,200,000

For Sale

Property Type Multifamily for Sale
Lot Size Acres 0.440
Building Sq Ft 19,166
Building Price per Sq Ft $62.61
Land Sq Ft 19,166
Land Price per Sq Ft $62.61

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Description

Bull Realty is pleased to present Hollyvale Terrace Apartments, a value-add, 12-unit apartment community, located in West Midtown. The units are all 2 bedroom / 1 bath and are all fully electric with dishwashers and have washer and dryer connections. Located in a Qualified Opportunity Zone, this property has a strong occupancy rate of 92%.
The community is just a 10-minute drive to I-85, Georgia Tech, Mercedes-Benz Stadium, and many other Atlanta attractions. West Midtown is an evolving neighborhood that is only a short drive to Downtown Atlanta, Midtown, Atlantic Station and only a 20-minute drive to Buckhead.
Microsoft just announced the purchase of the Quarry Yards, located less than a mile away, a 70-acre development site that is being proposed for affordable housing and office space. The Quarry Yards is located adjacent to the new Westside Park, a 300-acre park.

Attachments & Files

offeringmemorandumreducedsize-7IO-RSS.pdf

Points of Interest & Demographic Radii

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Demographic Radii

POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

Atlanta History of Multifamily Housing for Sale

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Listing Demographics for 399 Holly Street Northwest Atlanta, GA 30318

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		9,199	114,444	305,809
Population Median Age		41	34	35
Population by Age	0-9 Yrs	1089 (11%)	10819 (9%)	31870 (10%)
	10-19 Yrs	1065 (11%)	17877 (15%)	36371 (11%)
	20-29 Yrs	1217 (13%)	31272 (27%)	70814 (23%)
	30-39 Yrs	905 (9%)	16563 (14%)	53489 (17%)
	40-49 Yrs	1187 (12%)	10392 (9%)	35122 (11%)
	50-59 Yrs	1272 (13%)	11118 (9%)	32774 (10%)
	60-69 Yrs	1163 (12%)	8714 (7%)	24033 (7%)
	70+ Yrs	1301 (14%)	7689 (6%)	21336 (6%)

Median HH Income		$26,189	$37,694	$55,177
Total Household Income	< 24K	1701 (48%)	14510 (35%)	34982 (27%)
	25-49K	902 (25%)	10005 (24%)	25194 (19%)
	50-74K	421 (11%)	6126 (15%)	19517 (15%)
	75-99K	245 (6%)	3308 (8%)	13397 (10%)
	100-199K	223 (6%)	5196 (12%)	23223 (17%)
	200K+	46 (1%)	1382 (3%)	12952 (10%)

Highest Education Level	No Diploma	1174	8830	19201
	Diploma or GED	2233	17994	40594
	Some College	1513	13492	32568
	Assoc. Degree	325	3659	10937
	Bachelors Degree	899	13257	55188
	Higher Degree	364	9374	44890

Total Housing Units		5,647	52,095	156,882
--Owner-Occupied		1,256	12,973	51,536
--Renter-Occupied		2,282	27,553	77,731
Owner-Occupied Values	< 100K	716	3942	8901
	100-199K	395	3769	11592
	200-299K	40	2135	9140
	300-399K	64	1537	6325
	400-499K	23	748	3609
	500K+	18	841	11968

Total Working Age Population		7,459	98,334	258,208
In Work Force		3,695	54,369	168,563
Not In Work Force		3,763	43,965	89,646
Workforce Employed		2,964	49,032	156,825
Workforce Unemployed		732	5,319	11,450
Civlian Workforce		3,695	54,351	168,276
Military Workforce		0	18	287

Total Households		3,537	40,526	129,267
Family Households		1,596	15,418	51,096
Non-Family Households		1,941	25,108	78,171
Married Couple		550	6,159	27,669
Other Family		1,046	9,259	23,427
Married w/Child		158	1,856	9,366
Single Male w/Child		65	719	1,659
Single Female w/Child		339	3,828	10,047

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Georgia	8,186,453	+18	9,687,653	+12	10,833,472	+13	12,292,423
Cobb County	607,751	+13	688,078	+15	790,588	+19	938,747
Fulton County	816,006	+13	920,581	+19	1,099,181	+18	1,300,861

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While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

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Closest Commercial Airports

Airport	Distance (mi)
Hartsfield Jackson Atlanta International Airport (ATL)	9
Chattanooga Metropolitan Airport (Lovell Field) (CHA)	98
Birmingham-Shuttlesworth International Airport (BHM)	134