Listing ID10103000
Price$18,000,000
StatusActive
Sq Ft
94,000
Acres
0.450
CountyFulton
Year Built1966
Property TypeCommercial Sale
You have found your next and best investment yet! Metropolitan Gardens 100 unit multifamily community that consists of 100 two story two bedrooms, one and a half bath townhome style units. All 100 units have been fully renovated with stainless steel appliances, new cabinets, Formica countertops, sink replacement in kitchens and baths, mirrors, tubs, toilets, bathroom vanity, LVP hardwood style flooring, carpet for the townhome stairs, interior paint, new water heaters, plumbing and subfloor reinforcements. The exterior renovations include but are not limited to new roof, fascia-soffit replacement, gutter, exterior paint, perimeter fencing, concrete repairs, driveway asphalt seal coating and many more. Property is currently occupied at 75%. 25 of the newly upgraded vacant units are being screened for tenants. Property is only 15 minutes from Hartsfield Jackson Airport and 5 mins to I-285 and I-20. Appointment only - DO NOT DISTURB TENANTS
County
Fulton
Property Type
Commercial Sale
Year Built
1966
Building Features
Hydrant(s)
Cooling
Central Air, Fans, Electric
Flooring
Laminate
Heating
Electric, Central
Construction Materials
Brick, Frame, Concrete
Electric
440 Volts
Fencing
Fenced
Lot Features
Near Public Transit, Level
Lot Size Source
Public Records
Number Of Buildings
11
Parking Features
Paved, Parking Lot
Parking Total
238
Road Frontage Type
Other
Road Surface Type
Paved
Roof
Composition
Sewer
Public Sewer
Structure Type
Other
Utilities
Electricity Available, Sewer Available, Water Available
Water Source
Public
Area
ATSW
Building Area Source
Agent
Directions
I-20 W to M.L.K. Jr Dr SW. Take exit 51A from I-20 W GPS
Business Type
Other
Green Energy Efficient
Insulation, Thermostat, Doors, Appliances, Roof, Water Heater, Windows
Property Condition
Updated/Remodeled
Update System Name
LIM
Listing Terms
Cash, Conventional
Possession
Close Of Escrow
Price
18000000
Sale Includes
Building & Land
Special Listing Conditions
As Is, Investor Owned
Tax Annual Amount
2675
Tax Year
2020
Listing courtesy of Heritage Oaks Realty
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For more immediate assistance, please call Shelia Sell Carver at 404-277-3422.
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