11285 Elkins Road Unit G1, G2, Roswell, GA 30076
- $599,995
- 4,104
- SqFt
- List Price
- $599,995
- MLS#
- 7800214
- Status
- ACTIVE UNDER CONTRACT
- Type
- Condo
- Subtype
- Condominium
- Square Footage
- 4,104
- Lot Size
- 0.0471
- Basement
- Yes
- Basement Description
- Exterior Entry, Finished, Finished Bath, Full, Interior Entry, Walk-Out Access
Property Description
Awesome Opportunity for an Investor, This is currently leased with NNN Lease. Ideal for 1031 Exchange Client purchasing these two (2) units sold as ONE which are currently leased to a professional Medical/Therapy & Speech tenant offering beautiful office layout of 2 Reception areas one on each side, 2 Conference Rooms, total of 4 Restrooms, 2 Workrooms, 4 Spacious Offices, 2 Open storage and 2 Copier areas. Total square footage for both units is 4,104 sq. ft. Exterior is wood (recently painted) and stone with professional space blends and very nice professional look. This is a beautiful office complex called Corporate Woods a peaceful wooded complex near Highway 9 Mansell and Holcomb Bridge Road, with all the amenities close by such as dining, shopping, retail, medical and other professional service clients. Current lease is through 6/1/2027. Lease is currently at $4,300 per month ($51,600/year) and tenant is responsible for: (cleaning & janitorial services, HVAC monthly filter exchanges, inside pest control, security, window cleaning, their own insurance and HOA fees of $450 per month) Seller's only expenses are 5,617 per year (agent has details). NOI = $45,983/year Stable, quality tenant has been occupying this space since 2021. The space can be shown by APPOINTMENT ONLY after business hours or on weekends. Listing agent will schedule with tenant and will protect Buyer's agents and show it to their clients once they register them with the Listing agent if they are not available to show it on weekends or evenings. Units G1 and G2 are sold TOGETHER but can be at a later date converted back to two separate office condominiums. THIS IS AN INCREDIBLE OPPORTUNITY FOR AN INVESTOR. Bring us your Qualified offers, we would love to work with you. Please DO NOT DISTURB Tenant. Plans are available, however, have been modified for this existing tenant. There is plenty of parking in this complex and also around front and rear of the building G.
Additional Information
- Stories
- Two
- Construction
- Stone, Wood Siding
- Year Built
- 1985
- Interior
- High Ceilings 10 or Greater, Reception Area, Recessed Lighting, Restrooms
- Roof
- Asphalt, Ridge Vents
- Lot Dimensions
- 628x296x801x293x16x560
- Parking
- Parking Lot
- Lot Desc
- Business Park, Level, Private
- Water
- Public
- Sewer
- Public Sewer
- Acres
- 0.05
- Dock
- None
- Levels
- Two
- Gross Income
- 52800
- Net Operating Income
- $48,283
- Unit
- G1, G2
- Taxes
- $7,123
Listing courtesy of Real Estate International, Inc..
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