This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

Close
You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

930 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

We will automatically send your friend a one-time email inviting him or her to visit the site. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of our referral program. View LoopNet's Privacy Policy

thank you

Your email has been sent!

5930 Highway 85 - Tai's Place Wellness Community

64,630 SF Specialty Building Offered at $10,000,000 at a 7% Cap Rate in Riverdale, GA 30274

Specialty Properties Georgia Riverdale 5930 Highway 85, Riverdale, GA 30274

Investment Highlights

  • Well maintained complex with a waiting list of tenants/Bus line/Individual Meters/ addition dev. opportunity in rear of property.

Executive Summary

Fantastic Opportunity! to own this (23 unit)Apartment Complex.
207 Rooms
Rooms with digital passkey for tenants
Each room rented/Different rental amount
BELOW MARKET RENTS!
100% occupancy!
Waiting list
9 bedrooms
4 full bathrooms
2 lounge rooms
Washer/Dryer
Washer/Dryer hookups
Kitchen/Refrigerators/Stoves/Microwaves
Individual Mailbox for tenants
Plenty of parking spaces
24 hr. security cameras
Individually metered
Ample Lighting
Security guard
Well maintained HVAC SYSTEM
Located near Hartsfield Airport with over approx.286,000 visitors per day.
Restaurants nearby
Bus
approx: 20Min to Marta/Train
approx: 20M to downtown Atlanta

Attachments

JRTai's Place COMPLETE OFFERING MEMORANDUM1 (AutoRecovered)10M

Data Room Click Here to Access

  • Operating and Financials

Property Facts

Price $10,000,000 Lot Size 7.85 AC
Price Per SF $155 Building Size 64,630 SF
Sale Type Investment No. Stories 2
Cap Rate 7% Year Built/Renovated 1999/2023
Property Type
Specialty
  • Specialty Shelter
 Tenancy Single
Building Class B Parking Ratio 3.11/1,000 SF
Price $10,000,000
Price Per SF $155
Sale Type Investment
Cap Rate 7%
Property Type
Specialty
  • Specialty Shelter
Building Class B
Lot Size 7.85 AC
Building Size 64,630 SF
No. Stories 2
Year Built/Renovated 1999/2023
Tenancy Single
Parking Ratio 3.11/1,000 SF

Amenities

  • Property Manager on Site
  • Air Conditioning
  • Smoke Detector
1 of 1

zoning

Zoning Code RM (Multifamily Residential)
RM (Multifamily Residential)
(404) 876-4901

  • Listing ID: 33675578

  • Date on Market: 10/29/2024

  • Last Updated:

  • Address: 5930 Highway 85, Riverdale, GA 30274

The Specialty Property at 5930 Highway 85, Riverdale, GA 30274 is currently available For Sale. Contact HomeSmart for more information.

Specialty PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

1 of 9
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1/9
5930 Highway 85, Riverdale, GA for sale Building Photo- Image 1 of 9
Building Photo
5930 Highway 85, Riverdale, GA for sale Building Photo- Image 2 of 9
IMG_6473 (2)
5930 Highway 85, Riverdale, GA for sale Building Photo- Image 3 of 9
IMG_6476 (1)
5930 Highway 85, Riverdale, GA for sale Building Photo- Image 4 of 9
IMG_6467 (1)
5930 Highway 85, Riverdale, GA for sale Building Photo- Image 5 of 9
IMG_6474
5930 Highway 85, Riverdale, GA for sale Building Photo- Image 6 of 9
IMG_6415 (3)
5930 Highway 85, Riverdale, GA for sale Building Photo- Image 7 of 9
IMG_6417 (2)
5930 Highway 85, Riverdale, GA for sale Building Photo- Image 8 of 9
IMG_6414 (4)

1 of 1

Connect with us

© 2024 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

5930 Highway 85 - Tai's Place Wellness Community
(404) 876-4901 x

5930 Highway 85 - Tai's Place Wellness Community

Rochelle Jackson

(404) 876-4901

(404) 876-4901

Already a member? Log In

First Name*

Last Name*

Please enter an email address.

Email*

Phone*

Ext (optional)

Company (optional)

Please leave a message.

Message*

{{messageTextLength}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Policy.

Hmm, there seems to have been an error sending your message. Please try again.

Thanks! Your message was sent.

Send another message

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}
You can provide feedback any time using the Help button at the top of the page.

Share Link