Address
5790 Highway 85 Riverdale, GA
Price
$ 14,900,000
Property Attributes
  • MLS#8963105
  • TypeCommercial
  • CountyCLAYTON
  • CityRiverdale
  • AreaClay
  • NeighborhoodPembrooke Townhomes
  • Zip30274
  • Style
  • Year Built2000
  • Taxes$ 1712
  • Price$ 14,900,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
Marion Webb with Webb Solar Realty LLC.
Data Source:
Georgia Multiple Listing Service
Property Description

Awesome cashflowing investment in high traffic area offered at approximately 10 cap with low vacancy rates and significant upside potential as rates were just increased. Strategically located near Hartsfield-Jackson Atlanta International Airport district and Marta bus routes. This multifamily community is designed as co-living shared space. For sale are 35 2 story townhomes with 31 being 9Br/9Ba and 4 being 9Br/4Ba , each about 2,880 ft2 with shared common area, kitchen, pay laundry room. The 315 guest bedrooms include high-speed wireless internet access, dish tv channels, a refrigerator, microwave, closet, chair, dresser and a full sized bed. All room inventory transfers as part of the sale. Guests pay daily or weekly. Full offering details with signed Confidentiality Agreement. Do not disturb or make inquiries of guests or onsite management team.

Price History
4/20/2021 Listed $14,900,000

General Features

Accessibility Ramps, Wide Hall
Building Name Pembrooke Townhomes
Business Type Other (See Remarks)
Class Commercial
Cooling Central A/C
Energy Related Programmable Thermostat
Heating Central
Heating Source Gas
Listing Area CLAY
Showing Instructions Appointment Agent
Special Conditions Investor Owned
Status Active
Status Active
Tax Year 2020
Taxes 1712
Type Commercial
Utilities 220 Volt Power, 440 Volt Power, Cable Tv, Electricity, High Speed Internet, Natural Gas, Telephone, Water
Year Built 2000
Zoning Rm-Multipl

Exterior Features

Acreage Source Acreage Not Entered
Openparking Paved Lot
Total Buildings 35

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 30274

Price
AVG $1.19M
$14.9M
Taxes
AVG $4,294
$1,712
Visits
AVG 97
27
Year Built
AVG 1976
2000
Walkscore
AVG 39
30
Data Provided by Walkscore ® not using MLS data

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