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    1947 Dunlap Avenue

    East Point, GA 30344
    • $4,800,000
    • STATUS: Active
    • ON SITE: 16 days
    • MLS #: 6806622
    UPDATED: 57 min ago
    $4,800,000
    • 0
      BEDS
    • 5.29
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1959
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Amazing Apartment Investment Opportunity in the heart of the rapid-growing City of East Point. Located in the heart of downtown, just off of main street before entering Historic College Park sits a 75-Unit apartment complex on just over 5 acres of land. There are a total of 8 buildings in this complex. The unit breakdowns are as follows: 40 2bed/1bath units and 35 1bed/1bath units, plus a leasing office, multiple storage rooms for construction/maintenance supplies and a laundry facility. Five of the buildings have tenants in place, while the remaining three buildings are under construction. Two of the buildings that are under construction are near completion with only punch-list type items remaining to be done. One of the buildings that is under construction still needs a full renovation as it currently only has studs in place. Rent rolls, T12, additional photos of each unit can be sent upon request. Property is located at the end of the street where Dunlap and Vesta meet. There's plenty of parking and even enough land to build another building for units and/or create a playground for the community. Don't miss out on this wonderful opportunity. Recent as-is appraisal and ARV appraisal can be provided. Showings are by appointment only.

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    Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2020 First Multiple Listing Service, Inc. Data last updated 2020-11-26T13:03:31.62. For issues regarding this website, please contact BoomTown.
    www.northatlantahometeam.com/homes/111733490
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    1947 Dunlap Avenue East Point, GA 30344

    • Price: $4,800,000
    • Status: Active
    • Updated: 57 min ago
    • MLS #: 6806622
    0
    Beds
    0
    Baths
    0
    ½ Baths
    5.29
    Acres
    1959
    Built
    Neighborhood:
    None
    County:
    Fulton
    Area:
    32 - Fulton South
    Elementary School:
    Conley Hills
    Middle School:
    Paul D. West
    High School:
    Tri-Cities
    Property Description
    Amazing Apartment Investment Opportunity in the heart of the rapid-growing City of East Point. Located in the heart of downtown, just off of main street before entering Historic College Park sits a 75-Unit apartment complex on just over 5 acres of land. There are a total of 8 buildings in this complex. The unit breakdowns are as follows: 40 2bed/1bath units and 35 1bed/1bath units, plus a leasing office, multiple storage rooms for construction/maintenance supplies and a laundry facility. Five of the buildings have tenants in place, while the remaining three buildings are under construction. Two of the buildings that are under construction are near completion with only punch-list type items remaining to be done. One of the buildings that is under construction still needs a full renovation as it currently only has studs in place. Rent rolls, T12, additional photos of each unit can be sent upon request. Property is located at the end of the street where Dunlap and Vesta meet. There's plenty of parking and even enough land to build another building for units and/or create a playground for the community. Don't miss out on this wonderful opportunity. Recent as-is appraisal and ARV appraisal can be provided. Showings are by appointment only.
    Exterior Features

    Construction Materials Brick 4 Sides Dock None Fencing None Lot Features Corner Lot Parking Features Parking Lot Roof Type Other Stories Two View Other Waterfront Features None

    Interior Features

    Cooling Central Air Heating CentralNatural Gas

    Property Features

    Accessibility Features None Community Features Public TransportationOtherRestaurantSidewalksStreet LightsNear MartaNear SchoolsNear Shopping Green Energy Efficient None Lake Name None Lot Size Dimensions 230500 Owner Financing No Property Condition Resale School Bus Route Elementary Yes School Bus Route High Yes School Bus Route Middle Yes Security Features None Sewer Public Sewer Special Circumstances None Special Listing Conditions None Tax Year 2019 Taxes 25163.00 Type Other Utilities Cable AvailableElectricity AvailableNatural Gas AvailableUnderground Utilities Water Source Public Waterfront Footage 0

    Listing provided courtesy of Coldwell Banker Realty.


    Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2020 First Multiple Listing Service, Inc. Data last updated 2020-11-26T13:03:31.62. For issues regarding this website, please contact BoomTown.
     
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