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5.64 acres in Atlanta, GA · 2017-06-30 · Multi-Family Development Site +/- 5.64 acres in...

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P of 9 Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or limited in scope, and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period. Multi-Family Development Site +/- 5.64 acres in Atlanta, GA WELCH STREET
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Page 1: 5.64 acres in Atlanta, GA · 2017-06-30 · Multi-Family Development Site +/- 5.64 acres in Atlanta, GA Information contained herein may have been provided by outside sources and

P of 9

Multi-Family Development Site

+/- 5.64 acres in Atlanta, GA

Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or limited in scope,

and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.

Multi-Family Development Site

+/- 5.64 acres in Atlanta, GA

WELCH STREET

Page 2: 5.64 acres in Atlanta, GA · 2017-06-30 · Multi-Family Development Site +/- 5.64 acres in Atlanta, GA Information contained herein may have been provided by outside sources and

P 2 of 9

Multi-Family Development Site

+/- 5.64 acres in Atlanta, GA

Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or limited in scope,

and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.

Table of Contents

Executive Summary

Plat Map

Rezoning Exhibit

Location Maps

Demographics & Traffic Count

About the Area

Broker Profiles

3

4

5

6

7

8

9

For more information, please contact:

Craig Caldwell | V.P.

National Retail Group

(404) 876-1640 x 123

[email protected]

Bull Realty, Inc.

50 Glenlake Parkway

Suite 600

Atlanta, GA 30328

www.BullRealty.com

Page 3: 5.64 acres in Atlanta, GA · 2017-06-30 · Multi-Family Development Site +/- 5.64 acres in Atlanta, GA Information contained herein may have been provided by outside sources and

P 3 of 9

Multi-Family Development Site

+/- 5.64 acres in Atlanta, GA

Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or limited in scope,

and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.

Executive Summary

Multi-Family Development Site

Property Address 884 McDonough Blvd

Atlanta, GA 30315

County Fulton

Lot Size +/- 5.64 acres

Zoning MR-2-C

Price $599,000

Land available for sale currently zoned for multi-family development Excellent opportunity for multi-family, senior living, or retail strip Site plan currently exists for up to 100 unit senior living facility Possible LIH tax credits available Potential affordable housing and subsidized housing opportunity Minutes away from I-20 and 285, Downtown Atlanta, and busy Moreland Ave

Page 4: 5.64 acres in Atlanta, GA · 2017-06-30 · Multi-Family Development Site +/- 5.64 acres in Atlanta, GA Information contained herein may have been provided by outside sources and

P 4 of 9

Multi-Family Development Site

+/- 5.64 acres in Atlanta, GA

Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or limited in scope,

and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.

Plat Map

Page 5: 5.64 acres in Atlanta, GA · 2017-06-30 · Multi-Family Development Site +/- 5.64 acres in Atlanta, GA Information contained herein may have been provided by outside sources and

P 5 of 9

Multi-Family Development Site

+/- 5.64 acres in Atlanta, GA

Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or limited in scope,

and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.

Rezoning Exhibit

Page 6: 5.64 acres in Atlanta, GA · 2017-06-30 · Multi-Family Development Site +/- 5.64 acres in Atlanta, GA Information contained herein may have been provided by outside sources and

P 6 of 9

Multi-Family Development Site

+/- 5.64 acres in Atlanta, GA

Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or limited in scope,

and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.

Location Maps

Page 7: 5.64 acres in Atlanta, GA · 2017-06-30 · Multi-Family Development Site +/- 5.64 acres in Atlanta, GA Information contained herein may have been provided by outside sources and

P 7 of 9

Multi-Family Development Site

+/- 5.64 acres in Atlanta, GA

Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or limited in scope,

and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.

Demographics & Traffic Count

2015 Demographics (Esri)

1 mile

Population 9,864

Households 2,414

Average Household Income $34,286

3 mile

Population 75,525

Households 29,391

Average Household Income $48,566

5 mile

Population 247,373

Households 101,212

Average Household Income $53,161

Page 8: 5.64 acres in Atlanta, GA · 2017-06-30 · Multi-Family Development Site +/- 5.64 acres in Atlanta, GA Information contained herein may have been provided by outside sources and

P 8 of 9

Multi-Family Development Site

+/- 5.64 acres in Atlanta, GA

Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or limited in scope,

and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.

Atlanta, Georgia Atlanta is an exciting destination with world-class restaurants, a festive nightlife, several major league sports teams and an abundance of cultural attractions. Atlanta's arts and culture scene is complemented by in-town neighborhoods that give the city even more depth. These locations are in the neighborhoods of Midtown, Virginia-Highland, Little Five Points and Inman Park - a short cab ride away. Home to the busiest and most efficient airport in the world, Hartsfield-Jackson Atlanta International Airport, and the Maynard H. Jackson International Terminal, getting to Atlanta is easy. With a variety of transportation options throughout the city, our guides, maps, shuttles, tours and Atlanta Ambassadors make getting around Atlanta easy too. Encompassing $304 billion, the Atlanta metropolitan area is the eighth-largest economy in the country and 17th-largest in the world. Corporate operations comprise a large portion of the Atlanta’s economy, with the city serving as the regional, national, or global headquarters for many corporations. Atlanta contains the country’s third largest concentration of Fortune 500 companies, and the city is the global headquarters of corporations such as The Coca-Cola Company, The Home Depot, Delta Air Lines, AT&T Mobility, UPS, and Newell-Rubbermaid. Over 75 percent of Fortune 1000 companies conduct business operations in the Atlanta metropolitan area, and the region hosts offices of about 1,250 multinational corporations. Many corporations are drawn to Atlanta on account of the city’s educated workforce; as of 2010, nearly 43% of adults in the city of Atlanta have college degrees, compared to 27% in the nation as a whole and 41% in Boston.

About the Area

Page 9: 5.64 acres in Atlanta, GA · 2017-06-30 · Multi-Family Development Site +/- 5.64 acres in Atlanta, GA Information contained herein may have been provided by outside sources and

P 9 of 9

Multi-Family Development Site

+/- 5.64 acres in Atlanta, GA

Information contained herein may have been provided by outside sources and while deemed to be reliable, may be estimated, projected, subject to change, and/or limited in scope,

and therefore should not be relied upon as accurate. Information should be independently confirmed within an applicable due diligence period.

Broker Profiles

CRAIG CALDWELL

Craig Caldwell serves as Vice President of the National Retail Group at Bull Realty. Craig’s responsibilities include project leasing strategies for retail shopping centers in metro Atlanta. His experience includes tenant representation and landlord leasing and sales for free-standing retail, strip centers, anchored shopping centers and open air power centers. His real estate experience is further embellished by his successful operational ownership of a hospitality company focusing on high-rise communities. Prior to joining Bull Realty, Mr. Caldwell helped kick start a Commercial Real Estate division for Morris and Raper, providing management services for single, multi-tenant, student and commercial properties. Mr. Caldwell’s competitive niche is grounded in his passion for delivering quality service with a sense of reliable urgency. Craig attended Truett-McConnell College where he studied business and later attended DeVry University. He enjoys living on Lake Lanier and attends Browns Bridge Community Church in Cumming. In his free time he enjoys boating, wakeboarding, tennis, baseball and college football.

Craig Caldwell | V.P. National Retail Group (404) 876-1640 x 123 [email protected]

Bull Realty is a U.S. commercial real estate sales, leasing and advisory firm headquartered in Atlanta. The firm was founded in 1998 with two primary missions: grow a company of brokers known for integrity, and provide the best disposition marketing in the nation. Commercial real estate services include acquisition, disposition, project leasing, tenant representation and advisory ser-

vices. Areas of expertise include office, retail, industrial, multifamily, land, healthcare, single tenant net lease, special asset, self-

storage and automotive. Disposition services for appropriate properties can include exposure on up to 415 websites, 17 marketing systems and 4 to

6 e-marketing systems. Additional disposition and lease marketing services may include video, social media, auctions and national radio exposure. The firm hosts the Commercial Real Estate Show, a nationally syndicated talk show about commercial real estate. The week-

ly show has been on the air for over 5 years. The show is nationally syndicated on 40+ radio stations and is available on iTunes and the show website CREshow.com.

Bull Realty is licensed in nine southeast states and works with affiliates from all over the country.


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