Historic Buckhead Apartment on the Market

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Photo Credit: Metropolitan At Buckhead

One of Buckhead’s oldest apartment complexes is one of the newest properties on the bustling real estate market.

According to Bisnow, Metropolitan At Buckhead has been listed by ARA Newmark on behalf of Aslan Realty Group. Aslan bought the 1961 vintage apartment complex in 2007 for $41.7 million and is looking to get in excess of $50 million in a sale, Bisnow says.

ARA Newmark’s Dan Phelan told Bisnow that potential new owners could demolish some of the existing structures to build a new mid-rise complex, and states that the market for the area will only increase as plans for the redevelopment of the Lenox MARTA Station come closer to fruition.

The Metropolitan At Buckhead website describes the complex as:

The Metropolitan at Buckhead Apartment Homes is where you will discover convenience, superior location and modern style. The Metropolitan at Buckhead Apartment Homes offers 17 distinctive apartment homes, including one, two, and three bedroom floor plans. Our apartment homes offer newly renovated interiors, spacious living areas for entertaining, private patios and balconies for relaxation and more. Located in Atlanta’s desirable Buckhead area, The Metropolitan at Buckhead Apartment Homes is within walking distance to Lenox Square, Phipps Plaza, the Lenox MARTA station and restaurant and entertainment venues.

Read more about the listing on Bisnow.