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Naveen Sharma

naveen@fourpointrealty.com +1(732) 429-0939

$1,499,000

Est. payment - /mo

914 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status New

Purchase Type For Sale

Subdivision Landmark

MLS Listing ID 10855402

HOA Fees $4,800

HOA Y/N Yes

Year Built 1963

Annual Tax Amount $2,644

Tax Year 2025

Lot Size 914 Sqft

Acres 0.021

Lot Dimensions 914.76

Property Sub-Type Multi Family

Source Georgia MLS 2

Property Description

Experience a rare investment opportunity in the heart of Downtown Atlanta with this fully furnished 5-unit Airbnb portfolio at The Landmark Condominiums. Located at 215 Piedmont Ave NE, this turnkey short-term rental package offers strong cash flow potential, consistent occupancy demand, and a prime location steps from Atlanta's top attractions including Mercedes-Benz Stadium, World of Coca-Cola, Centennial Olympic Park, Georgia World Congress Center, and major nightlife destinations. The portfolio consists of five professionally designed and income-producing condominium units featuring a total of 8 bedrooms and 5 bathrooms. Each unit has been thoughtfully renovated and furnished to maximize guest experience and rental performance. Amenities include updated kitchens with stainless steel appliances, modern finishes, spacious living areas, and STR-ready operations already in place. Current monthly gross revenue ranges between $6,000-$8,000 with projected annual revenue potential of $72,000-$96,000+. The Landmark is one of the few downtown buildings that permits short-term rentals, making this an increasingly valuable and limited asset class in Atlanta's growing hospitality market. Ideal for investors seeking passive income, portfolio diversification, or expansion into the short-term rental space, this offering provides immediate operational capability with significant upside potential tied to Atlanta's booming tourism, convention, entertainment, and World Cup-related growth. Portfolio Includes Units: 301, 404, 807, 1003, and 1004.

Location

State GA

County Fulton

Rooms

Bedroom Description No

Basement None

Interior

Heating Central

Cooling Central Air

Fireplace No

Exterior

Parking Features Assigned

Community Features Fitness Center, Gated, Near Public Transport, Walk To Schools

Utilities Available Electricity Individual Meters

View Y/N No

Garage No

Private Pool No

Building

Faces Please call or text Sean Olusa, owner's representative please park in reserved/visitor parking & register your vehicle(s) with the concierge at the front desk.

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Structure Type Aluminum Siding

New Construction No

Schools

Elementary Schools Centennial Place

Middle Schools David T Howard

High Schools Grady

Others

HOA Fee Include Heating/Cooling,Pest Control,Security,Swimming,Trash,Water

Tax ID 14 005100130244

Acceptable Financing 1031 Exchange, Cash, Conventional, Private Financing Available

Listing Terms 1031 Exchange, Cash, Conventional, Private Financing Available

Special Listing Condition Resale

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Naveen Sharma

+1(732) 429-0939

naveen@fourpointrealty.com

215 Piedmont AVE NE #301, 404, 807, 1003, 1004 Atlanta, GA 30308

Naveen Sharma

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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215 Piedmont AVE NE #301, 404, 807, 1003, 1004