Share this with your friends
404-229-7848
Real Estate Company
2612 Steele Sw Avenue, Atlanta, GA 30315
- $5,900,000
- List Price
- $5,900,000
- MLS#
- 7847983
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- Other
- Lot Size
- 0.1198
- Subdivision
- Park South
Property Description
Rare opportunity to acquire a 44-unit garden-style multifamily community in Atlanta’s South Atlanta/Airport Corridor. Park South Apartments, located at 2612 Steele Avenue SW, offers investors an attractive value-add opportunity with significant capital improvements already completed and additional upside through continued renovations, lease-up, and operational stabilization. The two-story community features 37 one-bedroom/one-bath and 7 two-bedroom/one-bath residences with surface parking and controlled access. 17 units have been renovated, providing a strong foundation for the next owner to complete the remaining renovation program and continue repositioning the asset. Recent capital improvements include roof replacements, exterior paint, landscaping, paving and striping, HVAC and water heater upgrades, and additional site improvements. The property has 70 parking spaces. The property is 100% electric with central HVAC and individually metered electricity. Community amenities include gated access, ample on-site parking, and two laundry facilities. The property is also Section 8 approved, providing additional flexibility within Atlanta’s strong workforce-housing market. Strategically located minutes from Hartsfield-Jackson Atlanta International Airport with convenient access to I-75, I-85 and I-285, Park South benefits from proximity to major employment centers, Downtown Atlanta, Camp Creek Marketplace and the broader Airport/Aerotropolis corridor. Property is being sold as-is. Please contact the listing broker for Offering Memorandum, rent roll, financial information and additional due diligence materials. Please do not disturb tenants.
Additional Information
- Stories
- Two
- Construction
- Brick 4 Sides
- Year Built
- 1966
- Neighborhood Amenities
- Gated, Near Public Transport, Near Schools, Near Shopping
- Roof
- Composition
- Lot Dimensions
- x
- Parking
- Parking Lot, Paved
- Lot Desc
- Level, Partly Leased
- Water
- Public
- Sewer
- Public Sewer
- Elementary School
- Cleveland Avenue
- Middle School
- Crawford Long
- High School
- South Atlanta
- Acres
- 0.12
- Dock
- None
- Levels
- Two
- Taxes
- $25,274
Listing courtesy of Compass.
Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2026 FMLS. Last updated