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2905 Springdale Rd SWAtlanta, GA 30315
New Village Apartments
Asset ClassMultifamily
overview of deal

Overview

Franklin Street is pleased to present New Village Apartments, a 64-unit apartment community built in 1972 and located in South Atlanta. The property offers a mix of one‑, two‑, and three‑bedroom floorplans and enjoys excellent access to I‑85, providing seamless connectivity throughout the Atlanta metro area. Its location places it just minutes from Hartsfield‑Jackson Atlanta International Airport, the region’s largest economic engine and primary employment hub, supporting more than 60,000 jobs across airline, logistics, retail, and hospitality sectors.

 

In addition, residents benefit from close proximity to Downtown Hapeville, a revitalized walkable district known for its vibrant restaurant scene, public art installations, and small business community. With strong employment access, reliable transit infrastructure, and access to a charming downtown environment, New Village Apartments presents a compelling investment opportunity in a supply constrained submarket.

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Unit Mix

Units
Type
Unit SF
Total SF
Market Rent
Rent/SF
1
16
1 Bed / 1 Bath
750 SF
12,000 SF
$900
$1.20
2
8
2 Bed / 1 Bath
1,200 SF
9,600 SF
$1,325
$1.10
3
24
2 Bed / 2 Bath
1,183 SF
28,392 SF
$1,250
$1.06
4
16
3 Bed / 2 Bath
1,150 SF
18,400 SF
$1,200
$1.04
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2905 Springdale Rd SWAtlanta, GA 30315

Sales Team

Mason TaylorSenior Director - Multifamily Investment Sales at Franklin Street(470) 763-8034mason.taylor@franklinst.com
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Listing provided by Revere CRE