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110 Huntington Park Drive

Fayetteville, GA 30214
  • $595,000
  • STATUS: Active
  • ON SITE: 34 Days
  • MLS #: 7102139
UPDATED: 48 min ago
$595,000
  • 0
    BEDS
  • 1.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,846
    SQFT
  • $76
    $/SQFT
Type:
Commercial
Built:
1985
County:
Area:

School Ratings & Info

Description

(Agents see private) Potential $60k rental income. This 4 unit commercial property offers incredible income potential, located directly off of HWY 85, and directly across from Fayetteville Pavillion. Commercial unit square footage upstairs ~4000 SF total, and the complex also offers, 15 storage units, ranging in three different sizes located on the bottom-back side. Commercial units are FULLY OCCUPIED, as the four units upstairs have been converted to two larger units. Two extremely long term tenants. Both sides also have an extra basement unit, that can be seperatley rented or used as storage. The units have a kitchen, while one has a shower. Roof ~5 years old, HWH ~5 years old, 3 of 4 units, ~3 years old. Septic was pumped ~ 2 years ago. Currently offered with a cap rate of ~7% with GROSSLY undervalued rental rates and only ~5 of the 15 storage units occupied. Rental rates are ~$1 per SF in surrounding area. Proforma cap rate ~10%. Land continues way beyond building and parking lot for opportunities of extended parking or more buildings. Property DOES NOT lie in Fayetteville city limits. You only have to answer to the county.

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First MLS logo Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2022 First Multiple Listing Service, Inc. Data last updated 2022-10-04T22:06:51.887. For issues regarding this website, please contact BoomTown.
www.pathpost.com/homes/132572314
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110 Huntington Park Drive Fayetteville, GA 30214

  • Price: $595,000
  • Status: Active
  • On Site: 34 Days
  • Updated: 48 min ago
  • MLS #: 7102139
0
Beds
0
Baths
0
½ Baths
1.09
Acres
7,846
SQFT
$76
$/SQFT
1985
Built
County:
Fayette
Area:
Fayette
Property Description
(Agents see private) Potential $60k rental income. This 4 unit commercial property offers incredible income potential, located directly off of HWY 85, and directly across from Fayetteville Pavillion. Commercial unit square footage upstairs ~4000 SF total, and the complex also offers, 15 storage units, ranging in three different sizes located on the bottom-back side. Commercial units are FULLY OCCUPIED, as the four units upstairs have been converted to two larger units. Two extremely long term tenants. Both sides also have an extra basement unit, that can be seperatley rented or used as storage. The units have a kitchen, while one has a shower. Roof ~5 years old, HWH ~5 years old, 3 of 4 units, ~3 years old. Septic was pumped ~ 2 years ago. Currently offered with a cap rate of ~7% with GROSSLY undervalued rental rates and only ~5 of the 15 storage units occupied. Rental rates are ~$1 per SF in surrounding area. Proforma cap rate ~10%. Land continues way beyond building and parking lot for opportunities of extended parking or more buildings. Property DOES NOT lie in Fayetteville city limits. You only have to answer to the county.
Exterior Features

Construction Materials BlockBrick FrontVinyl Siding Fencing None Foundation Block Land Lot 0 Lot Features Business ParkCul-De-Sac Number Of Parking Spaces 20 Other Structures None Parking Features Parking Lot Road Front Feet 100 Road Surface Asphalt Road Type Highway Roof Type Other Stories One View Trees/Woods Waterfront Features None Window Features None

Interior Features

Basement Driveway AccessExterior Entry Cooling Central Air Flooring Other Heating Central Interior Features Reception Area

Property Features

Accessibility Features None Business Type Professional ServiceProfessional/OfficeRetail Current Zoning C-Ch Electric None Green Energy Efficient None Green Energy Generation None Lake Name None Lot Size Dimensions X Occupant Type Tenant Other Equipment None Owner Financing Yes Owner Pays None Property Attached YN No Property Condition Resale Recommended Zoning Commercial Sale Includes Building & Land Security Features None Special Circumstances None Special Listing Conditions None Tax Year 2021 Taxes 2370 Type Business Utilities Cable AvailableElectricity AvailableWater Available

Listing provided courtesy of Exp Realty, Llc.: [IDXCONTACTINFORMATION].


First MLS logo Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2022 First Multiple Listing Service, Inc. Data last updated 2022-10-04T22:06:51.887. For issues regarding this website, please contact BoomTown.
 
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