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Apartments For Sale • 246,000 SF
| Total of ± 246,000 existing SF with parking deck/garage on ± 3.25 acres | Zoned MRC-3C |
| Building is currently gutted (concrete shell) with 98% of asbestos remediated (was a 406-room hotel with conference/banquet space and outdoor pool) |
| Permitted and approved for a 260-unit apartment conversion, with 33,000 SF of retail |
| Seller also has plans for 287 units with 23,000 SF of retail (no permits or approvals) |
| Site has up to ± 773,000 SF of remaining FAR under the existing entitlements | Up to ± 915,000 SF of FAR with bonuses |
| Located within walking distance of Downtown Atlanta & Georgia State University | Easy access to I-85 and I-20 |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 9 min | - | 5.0 mi | |
| Transit/Subway | Drive | Walk | Distance |
| Georgia State (Blue Line - Metropolitan Atlanta Rapid Transit Authority (MARTA), Green Line - Metropolitan Atlanta Rapid Transit Authority (MARTA)) | 2 min | 13 min | 0.6 mi |
| Garnett (Gold Line - Metropolitan Atlanta Rapid Transit Authority (MARTA), Red Line - Metropolitan Atlanta Rapid Transit Authority (MARTA)) | 3 min | 18 min | 1.0 mi |
| Five Points (Blue Line - Metropolitan Atlanta Rapid Transit Authority (MARTA), Gold Line - Metropolitan Atlanta Rapid Transit Authority (MARTA), Green Line - Metropolitan Atlanta Rapid Transit Authority (MARTA), Red Line - Metropolitan Atlanta Rapid Transit Authority (MARTA)) | 4 min | 20 min | 1.0 mi |
| Airport | Drive | Walk | Distance |
| Hartsfield - Jackson Atlanta International | 15 min | - | 8.8 mi |
