
Description
High Performance Turnkey 11% CAP Income Producing Property. This large property is located just northeast of the West Lake MARTA station in the rapidly appreciating West Lake neighborhood less than 1 mile from the Atlanta BeltLine. It was completely renovated in 2019. Sold with a corporate master lease that can include professional management.This property generates more than $56,000/year in gross rents and over $40,000/year in net income after expenses. Expect appreciation in this Westside neighborhood with development on all sides. This home is sold with a master lease to a corporate tenant with over 12 years of experience owning and operating assets like this. The lease transfers with the sale of the property. An experienced third-party property manager is also available making this property ideal for any investor no matter their capacity. PLEASE DO NOT DISTURB MANAGEMENT OR TENANTS. DO NOT TRESPASS ONTO PROPERTY!
-
0BEDS
-
0.17ACRES
-
0BATHS
-
01/2 BATHS
School Information
Description
High Performance Turnkey 11% CAP Income Producing Property. This large property is located just northeast of the West Lake MARTA station in the rapidly appreciating West Lake neighborhood less than 1 mile from the Atlanta BeltLine. It was completely renovated in 2019. Sold with a corporate master lease that can include professional management.This property generates more than $56,000/year in gross rents and over $40,000/year in net income after expenses. Expect appreciation in this Westside neighborhood with development on all sides. This home is sold with a master lease to a corporate tenant with over 12 years of experience owning and operating assets like this. The lease transfers with the sale of the property. An experienced third-party property manager is also available making this property ideal for any investor no matter their capacity. PLEASE DO NOT DISTURB MANAGEMENT OR TENANTS. DO NOT TRESPASS ONTO PROPERTY!
