Description
RARE FIND 5.37 ACRES in the vibrant Atlanta 30344 corridor, there lies an exceptional multifamily redevelopment opportunity. This property boasts eight (8) 2-bedroom units, presenting a compelling repositioning potential for experienced investors, builders, or value-add operators. Situated on a multifamily parcel (with the exact acreage to be verified by the buyer), this asset offers substantial upside through a comprehensive renovation and stabilization. The existing structure(s) necessitate a thorough restoration, including the removal of plumbing, electrical, HVAC components, and interior finishes. It's important to note that the property is being sold as-is, with no warranties, repairs, or concessions provided by the seller. The basement level holds additional expansion potential, which could be reconfigured to generate additional income-producing units, a laundromat facility, storage, or even event/amenity space. This property is ideal for cash or hard money investors seeking a substantial-scale repositioning or redevelopment opportunity in a thriving submarket.
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0BEDS
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5.37ACRES
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0BATHS
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01/2 BATHS
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8,584SQFT
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$245$/SQFT
School Ratings & Info
Description
RARE FIND 5.37 ACRES in the vibrant Atlanta 30344 corridor, there lies an exceptional multifamily redevelopment opportunity. This property boasts eight (8) 2-bedroom units, presenting a compelling repositioning potential for experienced investors, builders, or value-add operators. Situated on a multifamily parcel (with the exact acreage to be verified by the buyer), this asset offers substantial upside through a comprehensive renovation and stabilization. The existing structure(s) necessitate a thorough restoration, including the removal of plumbing, electrical, HVAC components, and interior finishes. It's important to note that the property is being sold as-is, with no warranties, repairs, or concessions provided by the seller. The basement level holds additional expansion potential, which could be reconfigured to generate additional income-producing units, a laundromat facility, storage, or even event/amenity space. This property is ideal for cash or hard money investors seeking a substantial-scale repositioning or redevelopment opportunity in a thriving submarket.
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