Photo 1 of 21
$350,000
Sold on 3/12/21
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
0.00 |
0 |
$3,062 |
1960 |
On the market:
74 days
|
View full details, 15 photos, school info, and price history
High Performance Turnkey 11% CAP Income Producing PadSplit. This large property is located just northeast of the West Lake MARTA station in the rapidly appreciating West Lake neighborhood less than 1 mile from the Atlanta BeltLine. It was completely renovated in 2019. Sold with a corporate master lease that can include professional management.This property generates more than $56,000/year in gross rents and over $40,000/year in net income after expenses. Expect appreciation in this Westside neighborhood with development on all sides. This home is sold with a master lease to a corporate tenant with over 12 years of experience owning and operating assets like this. The lease transfers with the sale of the property. An experienced third-party property manager is also available making this property ideal for any investor no matter their capacity. PLEASE DO NOT DISTURB MANAGEMENT OR TENANTS. DO NOT TRESPASS ONTO PROPERTY!
Listing courtesy of Josh Stanton, Keller Williams Realty Metro Atlanta