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Updated over 2 years ago on . Most recent reply

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Justine Veal
  • Investor
  • Atl, GA
39
Votes |
61
Posts

Looking for Large Multifamily Contractors/Construction Team ATL

Justine Veal
  • Investor
  • Atl, GA
Posted

Hi all, 

I have three lots in SW Atlanta that go from one end of the block to the other. One of the lots has a 10 unit on it the other two lots have been used for a commercial space and parking. My original plan was to upgrade the 10 unit by renovating each unit and adding parking and storage. However after doing some research and talking to my contractor, I recognize that building a bigger multifamily property on the three lots may be the best use of the land. The properties are in a great location where city development is happening! 

The problem is this is beyond my contractors' expertise. I am looking for a builder or construction team with some vision. I have an idea of what kind of multifamily would be best for the area but not sure what the lots can accommodate. I appreciate you all in advance for your referrals and feedback. 

Most Popular Reply

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1,657
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1,033
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Rick Baggenstoss
  • Developer
  • Decatur, GA
1,033
Votes |
1,657
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Rick Baggenstoss
  • Developer
  • Decatur, GA
Replied

@Justine Veal.   Do you have plans and are the other pieces rezoned for your desired use?  I'd start there.  

Maybe sell off the 10 as stand alone.  I can't imagine it's worth tearing down yet.  Use the proceeds to fund the other lots.  

If you're looking at 100 units, that's a challenge where you might want to sign up architect and development partner.  It's not a smooth process because of the Beltline overlays, etc. which require more approvals and affordability, and maybe mixed use.

  • Rick Baggenstoss
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