10 Unit Retail Plaza 5 Miles From The Falcon’s Stadium

Property Information

Status: Available
Lead Type: Wholesale Deals
Property Type: Commercial Property
Bedrooms Type: n/a
Baths: n/a

Property Location

Market: Atlanta Dixie Hills
Street Address: Create FREE Account or Login
City: Create FREE Account or Login
State: Create FREE Account or Login
Zip Code: Create FREE Account or Login
County: Create FREE Account or Login
How did you arrive at the ARV: Cap Rate
Property Description: 10 Unit Retail Plaza 9 Occupied/ 2 Vacant 1. Convenient Store $300k Gross 2. Laundromat 3. Beauty/Barber Shop 4. Photo Studio 5. Recording Studio 6. Grocery Store 7. Office 8. Office 9. Office 10. Former Doctor's Office 11. Former Take-Out Restaurant
Description of Repairs: Interior remodel To Suit
How to access Property: Call
Comments about this Deal: Uniquely located in upcoming community. Was once a vibrant retail plaza. Surrounded by 277 Unit apartment complex which is about to be renovated. Currently surrounded by over 2,000 homes. Grocery store can net $1mm annually once apartments are renovated and returned to full occupancy. Huge Potential

The Numbers

This information is provided by the seller. All figures, including Estimated After Repair Value (ARV) and Estimated Cost of Repairs, are estimates. Please do your own due diligence.

After Repair Value (ARV) : $3,579,000
minus Seller's Asking Price: $2,500,000
minus Estimated Cost of Repairs: $245,000

equals Profit Potential of: $834,000

Seller Information

Seller Name: Create FREE Account or Login
Contact Phone: Create FREE Account or Login
Contact Email: Create FREE Account or Login