TAI'S PLACE

5930 GA-85 Georgia 85 Riverdale, GA 30274

5930 GA-85 Georgia 85 , Riverdale, GA, 30274
5930 GA-85 Georgia 85 , Riverdale, GA, 30274 5930 GA-85 Georgia 85 , Riverdale, GA, 30274 5930 GA-85 Georgia 85 , Riverdale, GA, 30274 5930 GA-85 Georgia 85 , Riverdale, GA, 30274
FOR SALE
Property Type:
Other Residential
Amount:
$10,000,000
Cap Rate:
7.00%
Last Verified:
Nov 02, 2024

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Sep 03, 2024 23:00:42



Pro-forma 8.4% Class B: Yr built:1999 Renovated 2021/2023 100% occupancy/waiting list 23 units 207 rooms--48,310 per room 2 stories 5 buildings aver rents 5,200-7,500.00 5 bedrooms upstairs/4 bedroom downstairs. average unit size 2,880 sq ft Leasible space: 66,240 sq ft. Programmed central heat/air Roofs/7 yrs old! Security Cameras On-site security Additional land in rear of property for added value (dev-oppt) (survey)

Map of 5930 GA-85 Georgia 85 , Riverdale, GA, 30274

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Rochelle Jackson


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What are Real Estate Incentives?

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.