$315,000
$375,000
16.0%For more information regarding the value of a property, please contact us for a free consultation.
1,161 SqFt
SOLD DATE : 02/01/2021
Key Details
Sold Price $315,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Square Footage 1,161 sqft
Price per Sqft $271
MLS Listing ID 6684897
Sold Date 02/01/21
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1950
Annual Tax Amount $959
Tax Year 2018
Lot Size 8,058 Sqft
Acres 0.185
Property Description
*PERFECT 1031 Exchange Property- Cash Buyers Only- Can be combined with other properties. Please contact us with SPECIFIC questions or
else when you're ready to submit offer.
*No property upkeep for property owner!
*Stable Income producer for next ten (10) years.
*Appreciating neighborhood!- Upward trendy in area quality and development!
*Completely hands off investment for 3rd party investors
Newly renovated three bedroom/3.5 bath corporate housing unit. Currently going through the interior
design process.
This is a sale/lease back of a corporate housing unit. The company will be selling the property to new
owners with a fresh ten (10) year triple-net lease. The tenant is Mt. Royal Vacations. Mt Royal
Vacations is Georgia's first boutique corporate housing company to combine vacation rental and
corporate housing operations to increase occupancy rates and property income ratios. The company is the first private investment backed corporate housing company to pioneer the introduction of sale/lease back transactions to the corporate housing market. The
company's mix of clients delivers a strong ROI and incredible cash flow from it's properties on a per sq.
foot basis.
Location
State GA
County Fulton
Area 31 - Fulton South
Zoning res
Lake Name None
Rooms
Other Rooms None
Basement Crawl Space
Interior
Interior Features Other
Heating Electric
Cooling Central Air
Flooring Hardwood
Window Features None
Exterior
Fence None
Utilities Available Electricity Available, Sewer Available, Water Available
View Other
Roof Type Other
Street Surface Paved
Accessibility None
Handicap Access None
Total Parking Spaces 1
Building
Lot Description Curbs & Gutters, Level, Sidewalk, Street Lights
Story One
Level or Stories One
Structure Type Brick 4 Sides
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community no
Tax ID 14 008600072023
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
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