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.
Property Type :
Land
Subdivision :
Cumberland Harbour
County :
Fulton
Style :
Land
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Byowner are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2024 Georgia MLS. All rights reserved.
ByOwner last updated this listing 05/11/2024 @ 19:02
MLS: 10249689
LISTED BY: Shawn Wall , KWAD01
SOURCE: Georgia MLS
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
