Ours PLUS Courtesy Listings : 239 West Lake Avenue Atlanta

LISTING PHOTOS
Click photo to enlarge

Photo
239 West Lake avenue….

MLS #
239 West Lake Avenue Atlanta ($2,200,000)
Atlanta, GA

Incredible opportunity to acquire a safe US government leased property, with tremendous upside potential. The approximately 132,000 sq ft facility on just under six acres has been operated as the Atlanta Job Corps since 1972 and the rent is only $1.62 sq ft. Acquire based on a 7% cap rate, with the rent at only $1.62 sq ft! You are only paying $16.66 per sq ft for the building. The tenant has eight one-year options to renew. When the tenant leaves or the lease expires, lease the facility at market rents! With the population growth projections, the strong demand for dormitory / educational facilities should continue. You get a strong safe return, plus huge upside potential! Courtesy of Bull Realty

Call Sonya Rose with Invest Atlanta Commercial Realty at 678-499-9678

Type:  Near School: 
Rooms:  Near Transit: 
Bathrooms:  Ocean View: 
Stories:  Lake View: 
Square Feet:  Mountain View: 
Lot Size:  Ocean Waterfront: 
Age of Home:  Lake Waterfront: 
Fireplaces:  River Waterfront: 
Appliances: 

Listed by:  Georgia Courtesy Listings  (View Ours PLUS Courtesy listings)

View Map:  Click Here to view map of area


Invest Atlanta Commercial Realty
EMAIL: info@investatantarealty.com

2180 Satellite Boulevard, Suite 400
Duluth, Ga. 30097

Tel:  770-281-8740
Cel:  678-499-9678
Fax:  770-281-8741
Copyright 2009 © Invest Atlanta