26.83-Acre Multi‑Family Asset with Major Northside Parkway Frontage

This is a distinctive, institutional-scale multi-family offering: a 12,582-square-foot complex set on an expansive 26.83-acre parcel with extensive frontage along Northside Parkway NW. The property’s level topography and multiple ingress/egress points create straightforward circulation for residents and service vehicles, while a large surface parking field supports current tenancy. Built in 2001 and maintained in good condition, the buildings show wood-frame construction, asphalt shingle roofs, and central heating and cooling systems.

From an investor’s vantage the site reads as both stabilized rental product and a potential redevelopment play (subject to City of Atlanta zoning and approvals). Zoned AE (Apartment), the property sits in Paces — an area characterized by strong household incomes and steady appreciation. It is tenant-occupied today, producing on-site occupancy and cash flow signals that should be verified and quantified through a thorough rent-roll and financial due diligence process.

Location is a defining advantage: The Westminster Schools are approximately 0.5 mile away, Paces Ferry Plaza shopping and dining is about 1.2 miles, and the Chattahoochee River National Recreation Area sits roughly 2.5 miles from the site. Those proximate anchors support resident demand and appeal to both family renters and long-term investors seeking an asset in a well-regarded submarket of the Atlanta–Sandy Springs–Roswell MSA.

Financial and planning considerations are central to the offering. The 2025 assessed value totals $32,696,000 with annual property taxes of $1,337,561; prospective buyers should plan for a comprehensive appraisal and review of tax obligations. Parking capacity, frontage visibility on a high-traffic corridor, and site acreage create a flexible property profile—suitable for continued rental operations, phased redevelopment, or a repositioning strategy pending entitlements.

Serious investors will appreciate the combination of scale, location, and development optionality. We recommend scheduling an on-site inspection, requesting a current rent roll and operating statements, and initiating a zoning and feasibility study to confirm highest-and-best-use scenarios. Broker-led site tours and a full data package are available by request.

Paces is an established, high-income enclave on Atlanta’s northwest corridor characterized by a mix of strong single-family neighborhoods, institutional campuses, and pockets of commercial retail. Residents benefit from nearby private and public schools, convenient shopping at Paces Ferry Plaza, and rapid access to major commuter routes. Outdoor enthusiasts appreciate the short drive to the Chattahoochee River and associated trails. The area’s demographic stability and limited vacant land contribute to steady real estate appreciation and strong neighborhood desirability.