3032 Stone Hogan Connector
Atlanta, GA
Retail for Sale - $180,000 - 2,910 Sq. Ft. on 0.45 acres
Property Info
| CIMLS# | 93108 |
| Location 3032 Stone Hogan Connector Atlanta GA 30331 | |
| Updated | July 22nd, 2011 |
| Type | Retail |
| Price | $180,000 |
| Building | 2,910 Sq. Ft. |
| Land | 0.45 acres |
Property Description
Approximately 2,910-SF freestanding two-tenant retail building on a +/-19,628-SF C-1-C zoned site. Approximately 1,950 SF are occupied by a convenience store which is a staple in the community and enjoys strong, stable sales. The balance of the property is occupied by a church.
Well located in Southwest Atlanta near I-285 just south of popular Greenbriar Mall, this is a great opportunity for an investor looking for a simple low-management investment property with good upside potential.
After property taxes of $6,093 and insurance of approximately $870, this investment will provide an estimated first-year net income of $21,994.78. Strong 12.2% cap rate, conservative rents, solid tenants and only $61.86 / square foot make this an amazing deal.
Contact Daniel Latshaw, CCIM, MBA
404.876.1640 x127
Daniel@BullRealty.com
