600 Parkway NE Drive
$3,300,000
600 Parkway NE Drive, Atlanta, GA 30308
For Sale
Mixed Use
Active
Last Updated: 02/27/2025
7
Cap Rate
255,258
NOI
Details:
Cap Rate: 7%
NOI: $255,258
Year Built: 1930
Parking Spots: 20
Highlights:
- Lot Features: Level
- Gross Income: 296592
- Number Of Buildings: 1
- Bathrooms Total: 0
- Documents Available: None
- Cooling: Ceiling Fan(s), Central Air
- Heating: Central
- Electric: None
- Flooring: Hardwood
- Construction Materials: Brick 4 Sides
- Parking Features: Parking Lot
- Accessibility Features: None
- Security Features: None
- Buyer Agency Compensation: 2
Description:
Irreplaceable 12-unit asset situated between Ponce City Market and The Fox Theater. All units currently rented out, 10 of which were renovated. Easy Cash Flow with long term rental growth in this ideal intown location. MARTA, Restaurants, Shopping, Fourth Ward Park & so much more are just minutes away! 12 varying opportunities ranging from 5 - 1/1s, 3 - 2/1s and 4 3/2s, all currently hosting tenants. Perfect for residential investment, land play for future high rise opportunity, or buy, hold, and wait for future land plan or redevelopment.
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