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    1947 Dunlap Ave

    East Point, GA 30344
    • $4,800,000
    • STATUS: Active
    • ON SITE: 14 days
    • MLS #: 8852076
    UPDATED: 179 min ago
    $4,800,000
    • 0
      BEDS
    • 5.29
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1959
    County:
    Area:

    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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    © 2020 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 Realty Atlanta Partners 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 Realty Atlanta Partners. Data last updated: 2020-09-18T22:51:31.197.
    www.vincenttruong.com/homes/109717353
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    1947 Dunlap Ave East Point, GA 30344

    • Price: $4,800,000
    • Status: Active
    • Updated: 179 min ago
    • MLS #: 8852076
    0
    Beds
    0
    Baths
    0
    ½ Baths
    5.29
    Acres
    1959
    Built
    Neighborhood:
    None
    County:
    Fulton
    Area:
    ATLANTA
    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 Brick 4 Sided Lot Dimensions 230500 Parking Guest ParkingOff StreetParking Pad

    Interior Features

    Basement Crawlspace Bathrooms Full Unit1 1 Bathrooms Full Unit2 1 Bathrooms Full Unit4 1 Bathrooms Full Unit41 1 Bathrooms Half Unit1 0 Bathrooms Half Unit2 0 Bathrooms Half Unit3 0 Bathrooms Half Unit4 0 Bedrooms Unit1 2 Bedrooms Unit2 1 Bedrooms Unit3 2 Bedrooms Unit4 2 Cooling Source Electric Cooling Type Other (See Remarks) Energy Related None Heating Source Gas Heating Type Other (See Remarks) Laundry Mf Other (See Remarks) Stories 2 Stories Total Fireplaces 0 Total Units 0 Unit Equipment1 Fire SprinklerRefrigeratorSmoke/Fire Alrm Unit Rooms1 Living Room

    Property Features

    Acreage Source Public Record Amenities Boat/Camper/Van PrkgSecuritySidewalksStreet LightsUnderground UtilitiesWalk To MartaWalk To Shopping Block 0 Construction Status Resale Date Of Possession At Closing District 0 Fees Include None Land Lot 0 Lot 0 Monthly Rent Unit1 0 Monthly Rent Unit2 0 Monthly Rent Unit3 0 Monthly Rent Unit4 0 Multi Type Other (See Remarks) Property Class Multifamily Quadrant 0 Sale Or Rent For Sale Section 0 Tax Year 2019 Taxes 25163 Unit 0 Unit Lease Term1 None Unit Lease Term2 None Unit Lease Term3 None Unit Lease Term4 None Unit Rent Includes1 GarbageWater/Sewer Water Sewer Public Water

    Listing provided courtesy of Coldwell Banker Realty. © 2020 Georgia Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed.


    © 2020 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 Realty Atlanta Partners 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 Realty Atlanta Partners. Data last updated: 2020-09-18T22:51:31.197.
     
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    Newnan GA, 30265