Exceptional shovel ready opportunity in East Point. The subject property is a 5-acre parcel of land, primed for community development. Land Disturbance Permit in hand for 20 single-family lots on slab. Cleared and graded in 2006, the landscape features only new growth trees on a level lot offering low land development costs. The absence of rent restrictions allows for a Build to Rent investment option. Proximity to a robust job market ensures steady rental demand. A community designed for success awaits, with an average rent of $2,500/month. The Build to Sell potential for a great return, with new construction homes' After Repair Value in the low $400,000s.
6 days ago | Listing updated with changes from the MLS® | |
6 days ago | Status changed to Active | |
a week ago | Price changed to $600,000 | |
10 months ago | Listing first seen on site |
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