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    5790 Highway 85

    Riverdale, GA 30274
    • $14,900,000
    • STATUS: Active
    • ON SITE: 20 days
    • MLS #: 8963105
    UPDATED: 104 min ago
    $14,900,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    2000
    County:
    Area:

    School Ratings & Info

    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.

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    © 2021 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than Keller Williams First Atlanta are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or Keller Williams First Atlanta. Data last updated: 2021-05-09T22:50:19.803.
    www.scottfinehomes.com/homes/116249593
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    5790 Highway 85 Riverdale, GA 30274

    • Price: $14,900,000
    • Status: Active
    • Updated: 104 min ago
    • MLS #: 8963105
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    2000
    Built
    Neighborhood:
    CLAYTON
    County:
    Clayton
    Area:
    CLAYTON
    Property 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.
    Exterior Features

    Parking Paved Lot

    Interior Features

    Cooling Central A/C Energy Related Programmable Thermostat Heating Source Gas Heating Type Central

    Property Features

    Accessibility RampsWide Hall Acreage Source Acreage Not Entered Business Type Other (See Remarks) Complex Name Pembrooke Townhomes Current Zoning Rm-Multipl Date Of Possession At Closing Documents Profit &Amp; Loss Statement Sale Includes Building/Business/LandEquipmentInventory Sale Or Rent For Sale Special Conditions Investor Owned Sq Ft Source Sq Ft Not Entered Tax Year 2020 Taxes 1712 Total Buildings 35 Utilities Available 220 Volt Power440 Volt PowerCable TvElectricityHigh Speed InternetNatural GasTelephoneWater

    Listing provided courtesy of Webb Solar Realty Llc. © 2021 Georgia Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed.


    © 2021 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than Keller Williams First Atlanta are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or Keller Williams First Atlanta. Data last updated: 2021-05-09T22:50:19.803.
     
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    Keller Williams First Atlanta
    200 Glenridge Point Parkway, Suite 100
    Sandy Springs GA, 30342