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Austin Scott

austin@sellwithasa.com +1(404) 808-8913

$ 1,499,000

Est. payment -/mo

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215 Piedmont AVE NE Atlanta, GA 30308

932 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Subdivision Landmark

MLS Listing ID 7833981

Construction Status Resale

HOA Y/N No

Year Built 1963

Annual Tax Amount $2,644

Tax Year 2025

Lot Size 932 Sqft

Acres 0.0214

Property Sub-Type Other

Source First Multiple Listing Service

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

Area Landmark

Lake Name None

Interior

Heating Central

Cooling Central Air

Window Features Aluminum Frames

Exterior

Parking Features Parking Lot

Fence None

Community Features Fitness Center, Gated, Near Beltline, Near Public Transport, Near Schools

Utilities Available Sewer Available, Water Available

Waterfront Description None

View Y/N Yes

View City, Pool

Roof Type Composition

Accessibility Accessible Bedroom

Handicap Access Accessible Bedroom

Private Pool false

Building

Lot Description Level

Story Three Or More

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Structure Type Aluminum Siding

Construction Status Resale

Schools

Elementary Schools Centennial Place

Middle Schools David T Howard

High Schools Midtown

Others

Senior Community no

Tax ID 14 005100130244

Acceptable Financing 1031 Exchange, Assumable, Cash, Conventional, Lease Purchase, Other

Listing Terms 1031 Exchange, Assumable, Cash, Conventional, Lease Purchase, Other

Listed by Keller Wms Re Atl Midtown

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Phone

+1(404) 808-8913

austin@sellwithasa.com

Address

3350 Atlanta Rd SE, Smyrna, GA 30080, USA

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