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Listed by Shawn Wall • Keller Williams Realty
$600,000
Est. payment /mo
5.02 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential Lot
Listing Status Active
Purchase Type For Sale
Subdivision Innes Brook Station
MLS Listing ID 10249689
HOA Y/N No
Lot Size 5.020 Acres
Property Description
Exceptional shovel ready opportunity in East Point. The subject property is a 5-acre parcel of land, primed for community development. Land Disturbance Permit in hand for 20 single-family lots on slab. Cleared and graded in 2006, the landscape features only new growth trees on a level lot offering low land development costs. The absence of rent restrictions allows for a Build to Rent investment option. Proximity to a robust job market ensures steady rental demand. A community designed for success awaits, with an average rent of $2,500/month. The Build to Sell potential for a great return, with new construction homes' After Repair Value in the low $400,000s.
Location
State GA
County Fulton
Exterior
Community Features None
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
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Building
Sewer Public Sewer
Schools
Elementary Schools Seaborn Lee
Middle Schools Camp Creek
High Schools Westlake
Others
Acceptable Financing Cash, Conventional, Land Bank Loan
Listing Terms Cash, Conventional, Land Bank Loan
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Renee Stutts
REALTOR®/Sales Advisor | License ID: 408104
REALTOR®/Sales Advisor License ID: 408104