215 Piedmont Avenue, Atlanta, GA 30308

$2,199,000

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List Price
$2,199,000
MLS#
10769945
Type
Multifamily
City
Atlanta
County
Fulton
Subdivision
Landmark Condominium
Year Built
1963

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.

Additional Information

Elementary School
Centennial Place
High School
Grady
Parking
Carport
Basement Type
None
Stories
Multi/Split
Fees Include
Pest Control, Security, Swimming, Trash
Tax Year
2023

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Listing courtesy of Keller Williams Atlanta Midtown.

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