1170 Donnelly Avenue

Description

**Value-Add Near-Completion , Owner Occupied 203k renovation loan, Conventional construction loan, VA loan. Multi-Exit Investment Opportunity** **7 Bedrooms 5.5 Bathrooms 3,175 SF West End Historic District, Atlanta** This is a rare opportunity to acquire a large-format, income-producing asset at a below-market basis in one of Atlanta's fastest-growing corridors. Located in the West End Historic District, the property sits within minutes of the BeltLine Westside Trail, Atlanta University Center, MARTA, Downtown Atlanta, and Hartsfield-Jackson Airport-driving consistent demand from students, faculty, corporate relocations, travel medical professionals, film crews, and group housing tenants. ### Location Drivers & Demand Catalysts * Immediate access to the **BeltLine Westside Trail** and ongoing expansion * Minutes to **Morehouse College, Spelman College, Clark Atlanta University** (student and academic renter base) * **MARTA access** supporting broader tenant reach and rental stability * Close proximity to **Downtown Atlanta** and major employment hubs * 15-20 minutes to **Hartsfield-Jackson Airport** (ideal for travel nurses and contract professionals) * **West End Mall redevelopment** transforming the area into a live-work-play district * Global events driving housing demand: **FIFA World Cup 2026, Super Bowl 2028, NCAA Final Four 2031** ### Flexible Exit Strategies The property's size, layout, and location support multiple high-yield strategies: * **Short-term rental (Airbnb/VRBO)** * **Mid-term corporate and travel medical housing** * **Film and production crew housing** * **Group/shared long-term rental** * **BRRRR strategy** * **Flip/resale** Large bedroom-count homes in Atlanta are scarce and consistently command premium rents for corporate housing, production crews, and group accommodations. The seller has strategically reduced the price to create immediate investor spread. **APPRAISAL REPORTS ARE AVAILABLE.** ### Renovation Overview (2025 Full Gut) This is effectively a "better than new" property with minimal future capital expenditure: * New roof * New HVAC and ductwork * New plumbing * New electrical wiring * New kitchen and baths * New windows * New landscape and hardscape (including Bermuda turf) All major systems are new, minimizing deferred maintenance and operational risk for a long-term hold. ### Property Highlights * Modern, highly functional floor plan * Luxury finishes throughout * Backyard amenity potential **Interested buyers:** Please have your agent submit offers to the listing agent. Offers will only be considered from buyers or agents who have toured the property. Non-represented buyers welcome with valid proof of funds. Seller's closing Atty preferred.