Description
Introducing a rare multifamily investment opportunity located in the highly desirable Chamblee submarket of Atlanta. Situated at 2400 Beverly Hill Dr, this 7, 109 square foot apartment building features 8 fully occupied residential units, providing investors with a stable and reliable income-producing asset. Originally constructed in 1963 and renovated in 2017, the property blends classic mid-century construction with modern upgrades that appeal to today’s renters. The building currently operates at 100% occupancy, generating consistent cash flow while offering investors the opportunity to capitalize on future rent growth in a rapidly developing area of Metro Atlanta. The property is zoned RM-75, creating a unique value-add and redevelopment opportunity. Based on the zoning and site configuration, the property has the potential to support the development of up to 24 apartment units, allowing investors or developers to significantly increase density and maximize the long-term value of the site. Located near major transportation routes such as Interstate 285 and Interstate 85, the property offers convenient access to Atlanta’s key employment centers, retail districts, and lifestyle amenities. The surrounding area continues to benefit from strong residential demand and ongoing redevelopment activity. With its current income stream, full occupancy, and significant redevelopment potential, 2400 Beverly Hill Dr presents a compelling opportunity for investors seeking to expand their multifamily or low-rise/garden apartment portfolio. Whether maintained as a cash-flowing asset or redeveloped into a higher-density project, this property offers both immediate returns and long-term growth potential in one of Metro Atlanta’s most active investment corridors.
Address
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Address: 2400 N Beverly Hills Drive, Chamblee, Georgia 30341
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City: Chamblee
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State/county: GA
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Zip/Postal Code: 30341
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Area: NONE
Details
Updated on August 25, 2026 at 5:56 pm-
Property ID 7737106
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Price $1,700,000
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Land Area 0.88 m²
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Year Built 1963
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Property Type Other, Residential Income
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Property Status Pending, For Sale
Additional details
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Listing Terms Other
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Roof Tar/Gravel
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Utilities Other
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Sewer Public Sewer
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Cooling Central Air
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Heating Heat Pump
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Flooring Carpet
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County Dekalb - GA
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Property Type Residential Income
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Parking Level Driveway, Parking Lot, Paved
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Elementary School Dresden
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Middle School Sequoyah - DeKalb
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High School Cross Keys
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Community Features None
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Waterfront None
Mortgage Calculator
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- Jason Tatum