Property Description

Atlanta Leasing & Investment is proud to present 208 Doane Street, a compelling multifamily investment opportunity located near Mercedes-Benz Stadium, Georgia State University, and a BeltLine entrance. The property sits within a rapidly evolving submarket poised for continued growth, particularly as Atlanta prepares to host FIFA World Cup matches. The surrounding area is anchored by several of the city's most significant transformative developments, including Centennial Yards and the South Downtown Revitalization. In March 2025, the property experienced a building fire that impacted several interior units. Importantly, the structure remains intact, with the exterior largely unaffected and no material structural compromise. The property is zoned SPI-18 SA6 and, because the existing structure remains, it retains the ability to support 10 units, each configured as two-bedroom, one-bathroom apartments. As a result of the incident, the asset is now being offered as a value-add opportunity. The seller is open to a meaningful price reduction from the original list price, creating a compelling basis for investors seeking repositioning potential in a high-growth Atlanta submarket.

Property Features

Local Schools