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23 Scott St - Apartment/Townhome Devel. Site | ±0.97 Acres

0.97 Acres of Residential Land Offered at $600,000 in Atlanta, GA 30315

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Investment Highlights

±0.97-acre residential development site in Sylvan Hills. Plans call for up to 40 multifamily units or 9 townhomes.
Qualified Opportunity Zone | Metropolitan Tax Allocation District.
4 Minute drive to Southside BeltLine. 6 Minute drive to Hapeville.

Located on quiet residential street. Zoned RG-3.
Centrally located site with quick access to I-75/85.
9 Minute drive to Downtown Atlanta. 9 Minute drive to Hartsfield-Jackson International Airport.

Executive Summary

Apartment & Townhome Development Site in Opportunity Zone | ±0.97 Acres | Sylvan Hills
Price Per Townhome: $66,667
Price Per Apartment: $15,000

Offering Memorandum

Property Facts

Price	$600,000	Property Subtype	Residential
Sale Type	Investment	Total Lot Size	0.97 AC
No. Lots	1	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Type	Land

Price	$600,000
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Residential
Total Lot Size	0.97 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Price	$600,000	Lot Size	0.97 AC
Price Per AC	$618,557

Price	$600,000
Price Per AC	$618,557
Lot Size	0.97 AC

zoning

Zoning Code	RG-3
RG-3

(404) 876-1640 x107

Contacts

Andy Lundsberg
Michael Wess, CCIM
Bull Realty Inc.

Listing ID: 32718910
Date on Market: 8/7/2024
Last Updated:
Address: 23 Scott St, Atlanta, GA 30315

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