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  • DESCRIPTION

    Awesome cashflowing investment in high traffic area offered at approximately 10 cap with low vacancy rates and significant upside potential as rates were just increased. Strategically located near Hartsfield-Jackson Atlanta International Airport district and Marta bus routes. This multifamily community is designed as co-living shared space. For sale are 35 2 story townhomes with 31 being 9Br/9Ba and 4 being 9Br/4Ba , each about 2,880 ft2 with shared common area, kitchen, pay laundry room. The 315 guest bedrooms include high-speed wireless internet access, dish tv channels, a refrigerator, microwave, closet, chair, dresser and a full sized bed. All room inventory transfers as part of the sale. Guests pay daily or weekly. Full offering details with signed Confidentiality Agreement. Do not disturb or make inquiries of guests or onsite management team.

    KEY DETAILS
    • Price:
    • $14,900,000
    • Bedrooms:
    • 0
    • Full Baths:
    • 0
    • Square Footage:
    • n/a
    • Acreage:
    • n/a
    • Year Built:
    • 2000
    • MLS #:
    • 8963105
    • Street Address:
    • 5790 Highway 85
    • City:
    • Riverdale
    • State:
    • GA
    • Postal Code:
    • 30274
    • County:
    • Clayton
    • Area:
    • Clay
    • Listing Status:
    • For Sale - Active

    Building

    • Ease Of Access:
    • Ramps, Wide Hall
    • Green Features:
    • Programmable Thermostat
    • Square Footage Source:
    • Sq Ft Not Entered
    • Year Built:
    • 2000

    Business

    • Business Type:
    • Other (see Remarks)

    Documents

    • Documents On Hand:
    • Profit & Loss Statement

    Land

    • Conforms To Zoning:
    • Rm-Multipl
    • Lot Size Source:
    • Acreage Not Entered

    Listing

    • Days On Market:
    • 14
    • For Sale Or Lease?:
    • For Sale
    • Included In Sale:
    • Building/Business/Land, Equipment, Inventory

    Location

    • Complex Name:
    • Pembrooke Townhomes

    Money

    • Property Taxes:
    • $1,712
    • Tax Year:
    • 2020

    Systems

    • Heating:
    • Central
    • Heating Fuel:
    • Gas

    Source

    • Listing Provided By: Webb Solar Realty LLC

      GAMLS
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    SCHOOL RATINGS

    No school information available.

    NOTES

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