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3751 Martin Luther King Jr Drive SW

Atlanta, GA 30331
  • $18,000,000
  • STATUS: Active
  • ON SITE: 40 Days
  • MLS #: 10103000
UPDATED: 51 min ago
$18,000,000
  • 0
    BEDS
  • 0.45
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 94,000
    SQFT
  • $191
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1966
County:
Area:

School Ratings & Info

Description

You have found your next and best investment yet! Metropolitan Gardens 100 unit multifamily community that consists of 100 two story two bedrooms, one and a half bath townhome style units. All 100 units have been fully renovated with stainless steel appliances, new cabinets, Formica countertops, sink replacement in kitchens and baths, mirrors, tubs, toilets, bathroom vanity, LVP hardwood style flooring, carpet for the townhome stairs, interior paint, new water heaters, plumbing and subfloor reinforcements. The exterior renovations include but are not limited to new roof, fascia-soffit replacement, gutter, exterior paint, perimeter fencing, concrete repairs, driveway asphalt seal coating and many more. Property is currently occupied at 75%. 25 of the newly upgraded vacant units are being screened for tenants. Property is only 15 minutes from Hartsfield Jackson Airport and 5 mins to I-285 and I-20. Appointment only - DO NOT DISTURB TENANTS

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Georgia MLS logo© 2022 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than Cozart Realty are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or Cozart Realty. Data last updated: 2022-11-30T13:06:23.693.
www.athensgahouses.com/homes/134139093
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3751 Martin Luther King Jr Drive SW Atlanta, GA 30331

  • Price: $18,000,000
  • Status: Active
  • On Site: 40 Days
  • Updated: 51 min ago
  • MLS #: 10103000
0
Beds
0
Baths
0
½ Baths
0.45
Acres
94,000
SQFT
$191
$/SQFT
1966
Built
Neighborhood:
ATLANTA
County:
Fulton
Area:
ATLANTA
Property Description
You have found your next and best investment yet! Metropolitan Gardens 100 unit multifamily community that consists of 100 two story two bedrooms, one and a half bath townhome style units. All 100 units have been fully renovated with stainless steel appliances, new cabinets, Formica countertops, sink replacement in kitchens and baths, mirrors, tubs, toilets, bathroom vanity, LVP hardwood style flooring, carpet for the townhome stairs, interior paint, new water heaters, plumbing and subfloor reinforcements. The exterior renovations include but are not limited to new roof, fascia-soffit replacement, gutter, exterior paint, perimeter fencing, concrete repairs, driveway asphalt seal coating and many more. Property is currently occupied at 75%. 25 of the newly upgraded vacant units are being screened for tenants. Property is only 15 minutes from Hartsfield Jackson Airport and 5 mins to I-285 and I-20. Appointment only - DO NOT DISTURB TENANTS
Exterior Features

Attached Garage YN No Carport YN No Construction Materials BrickFrameConcrete Fencing Fenced Garage YN No Lot Features Near Public TransitLevel Lot Size Area 19602 Lot Size Source Public Records Lot Size Units Square Feet Parking Features PavedParking Lot Parking Total 238 Road Frontage Type Other Road Surface Type Paved Roof Composition

Interior Features

Above Grade Finished Area Units Square Feet Below Grade Finished Area Units Square Feet Building Area Total 94000 Building Area Units Square Feet Cooling Central AirFansElectric Cooling YN Yes Flooring Laminate Heating ElectricCentral Heating YN Yes Living Area Source Agent Living Area Units Square Feet

Property Features

Business Type Other Electric 440 Volts Electric On Property YN Yes Green Energy Efficient InsulationThermostatDoorsAppliancesRoofWater HeaterWindows Green Water Conservation Low-Flow Fixtures Listing Terms CashConventional New Construction YN No Property Condition Updated/Remodeled Property Sub Type Commercial Security Features Building SecurityClosed Circuit Camera(S)Key Card EntrySecurity Gate Sewer Public Sewer Special Listing Conditions As IsInvestor Owned Structure Type Other Tax Annual Amount 2675 Tax Year 2020 Utilities Electricity AvailableSewer AvailableWater Available Water Source Public

GAMLS logo Listing provided courtesy of Heritage Oaks Realty: 866-462-8823. © 2022 Georgia Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed.


Georgia MLS logo© 2022 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than Cozart Realty are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or Cozart Realty. Data last updated: 2022-11-30T13:06:23.693.
 
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Cozart Realty
2005 S Milledge Avenue, Suite 101
Athens GA, 30605