ENHOUZ™Business Marketplace
Commercial Property · For Sale

2517 Dodson DR, Atlanta Active

2 views · 1 this week

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