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Commercial Property · For Sale

2517 Dodson DR, Atlanta Active

1 view · 1 this week

Asking price
$2,100,000
Price / SF
$244.64
Cap rate
Sale type
Property type
Property subtype
Building class
Building size
8,584 sq ft
Year built
1940
NOI
Tenancy
Building height
Building FAR
Lot size
5.37 acres
Zoning
C1
Frontage
Listing #
EN-3209
MLS #
10762166

RARE FIND 5.37 ACRES in the vibrant Atlanta 30344 corridor, there lies an exceptional multifamily redevelopment opportunity. This property boasts eight (8) 2-bedroom units, presenting a compelling repositioning potential for experienced investors, builders, or value-add operators. Situated on a multifamily parcel (with the exact acreage to be verified by the buyer), this asset offers substantial upside through a comprehensive renovation and stabilization. The existing structure(s) necessitate a thorough restoration, including the removal of plumbing, electrical, HVAC components, and interior finishes. It's important to note that the property is being sold as-is, with no warranties, repairs, or concessions provided by the seller. The basement level holds additional expansion potential, which could be reconfigured to generate additional income-producing units, a laundromat facility, storage, or even event/amenity space. This property is ideal for cash or hard money investors seeking a substantial-scale repositioning or redevelopment opportunity in a thriving submarket.

Location

GAMLS
Listed by Fathom Realty GA, LLC
© 2021 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed. · MLS# 10762166

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