closed deals
Multifamily Properties
(2004-2007)
868 Rock Street–Atlanta, Georgia 30314
Closed: Fall 2004 | $168,000 | 8280 sq. ft. | .052 acres | 12 Units
STORY: This was my first listing. It was handed to me by a Church. When I listed, it was gutted and dilapidated. I saw the potential in this property, immediately, and was mad the investor who purchased it didn’t do anything with it. It stayed like that for years. I’m sure it was turned over and over by investors who had no intention of “investing” in this beauty. I was so happy to drive by to find it, finally, renovated in the 2010s. I was geeked to find that it’s part of a housing program that helps those who need a second chance to get back on their feet. All the properties shown in this journal are in what are, now, considered “opportunity zones.” When I was selling in the area, it was a danger zone.
625 Joseph E. Lowery Boulevard
Closed: 2005 | $1.2 M | 44, 200 sq. ft. | 1970 | 2.6 acre | 52 Units
STORY: Joseph E. Lowery is now Donald Lee Hollowell Boulevard. The owners were Eritrean. Their cousin named, Tesfa, owned 880 Rock Street. After I sold 868 Rock Street, I was feeling myself. With new confidence, I went door knocking to apartment owners on the neighboring streets like, “Hey, I’m Tish. I just sold 868 Rock Street. You want to sell or know anyone who does?” After flirting with me, Tesfa told me to go see his cousin, Abraham Tesfa. Abraham took a liking to me, my ambition, and drive. He was a loyal client as he told me many experienced brokers were stopping by trying to get the listing from me, citing I was too green. But Abraham believed in me. I closed his deal. We kept in touch for years after the sale–having lunch from time to time. I lost touch with him when I moved. Working with him was a joy and confidence booster.
350 Lanier Street, Atlanta, GA 30314
Closed: 2006 | $1.5 M | 29,344 Sq. Ft. | 1963 | 1.44 Acres | 40 Units
STORY: I represented the buyer. This was my third deal, now. This was the buyer’s first investment property. He was as green as I was. In hindsight, he paid too much for this property because he was desperate to be a real estate investor. This experience informed my cautionary tales in this blog post. He was a UPS driver from Cali. This property was his retirement plan. It has recycled hands many times since I sold it. Finally, in 2021 someone gave it the love it deserved. And, Atlanta commercial real estate G.O.A.T, Michael Bull, (Bull Realty) listed it. When Bull Realty comes to the west side to list, it’s official. He let us little wet behind the ear brokers, rinse-and-repeat-sell these distressed properties until someone was ready to seriously renovate. When I sold it, it didn’t even have this dignified signage. Click button to see the stunning transformation the property made when Bull Realty listed it in 2021.
1135 Oakland Lane, Atlanta, GA 30312
Closed: 2006 | $1.2 Million | 22,100 Sq. Ft. | 34 Units
STORY: This property was a nightmare. A sweet young Silicon Valley couple, from Palo Alto, California, purchased it. I closed the deal but also became the interim property manager (doing what I got to do to get the deal closed) until they found satisfactory property management. The problem was it was hard to find satisfactory property managers to serve the area. For example, while managing property, after deal closed, my life and property were threatened by the local dope boy. Today, they’d call 1135 Oakland “the trap.” Prior to the sale, he stashed his drugs in an abandon car sitting on the property, unopposed. After the sale, the couple wanted the car removed. So, I arranged to have it towed. Long story short, the owners were very worried about me there and relieved me of my PM duties when I shared what happened. I’m unsure what happened after I left as I did not look back. But, the moral of story is I closed the deal! ?
669 Boulevard, Atlanta GA, 30310
Closed: 2007: $580,000 | 7243 Sq. Ft. | 1930| 10 Units
STORY: I met this amazing IT professional named Dacia Tarleton through a mutual friend. She was a real estate side-hustler with multiple properties under her belt. She wanted to sell 669 because it was disturbing her peace. Deal almost didn’t close over a unit not being clean enough for the picky buyer. So, I stepped up to pay the few hundred bucks (out of my commission) so we could close the dang deal. The miserly buyer’s agent could have gone half in the spirit of win-win because the cleanliness of the unit was very debatable. But, such is life. I, also, sold Dacia’s residential home. Oddly, I’ve only done two residential deals. The purchase and sell of my townhome and Dacia’s home. Dacia was such an inspiration to me. I looked up to her. She was doing real estate investing like I envisioned for myself. She wrote me a review on LinkedIn after this sale. We both did CrossFit. She met her husband at a CrossFit gym, got married, moved away, and had a baby. That was last I heard from her.
