Great opportunity to purchase this turn-key cash flowing triplex in the heart of Midtown. This prime location is just a few blocks away from Piedmont Park and walkable to the eastside Beltline trail and Midtown’s business district (popular restaurants, bars, retail, etc.) The current owner operates the property as a mid-to-long-term Airbnb with all units fully furnished (any stays are 30+ days). The owner has run a very successful full-service rental business for several years with a rating of 4.94, allowing for a new owner to benefit day one with minimal effort. Property is being sold with all furnishings. The property can easily be converted to long-term traditional rentals with all units being separately metered for all utilities (including water).
Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.