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25485726
28046488

706 McDonough Blvd SE, Atlanta, GA 30315

William Scaffidi
Listed by William Scaffidi
$1,600,000
425 days on market
Updated 24 days ago

Benteen Park Lofts "The Betty"

Details
Property Type Land, Multifamily
Sub Type Commercial, Residential (+1)
Net Rentable (SqFt) 95,000
Units 36
Price Per Acre $800,000
Class A
Year Built 2026
Buildings 4
Stories 3
Acreage 2.200
Zoning MR3-C
Parking Spaces 2 per unit
Investment Type Redevelopment
Ownership 706 McDonough, LLC
Sale Condition For sale by owner

PRICE IMPROVEMENT to 1.6 MM for 36 townhome development in Benteen Park!

Marketing description

Priced to Sell

2.2 acres located less than a 1/2 mile from Beltline, just minutes from Grant Park.

Benteen Park Lofts and Atlanta, Ga. offers builders/developers an LDP ready to issue and entitled 36-unit townhome development in Benteen Park. All the amenities and convenance's, nearby walking trails, DH Stanton and Benteen Park, Benteen Elementary, quick interstate access, and a vibrant local scene. This gives builders a steady demand as future purchasers or renters pursue better housing options in Atlanta, and Benteen is positioned to deliver.

Grant Park, Chosewood Park, Ormewood, EAV or the dynamic Summerhill neighborhood, all known for their historic charm, identities and energy. There's been a concerted effort to revitalize Southeast Atlanta, the Mayor’s designated rapid growth market. This community offers variety and flexibility with unique possibilities to build above the competition at below or above current market conditions to suit most any lifestyle, including a live/work or commercial element if so desired.

This infill 36-unit, three (3) story attached townhome development in Benteen Park is LDP ready to go and priced to sell; all reasonable offers will be considered; contract pending, but not executed.

Best,

Bill Scaffidi

470-476-5421

[email protected]

Investment highlights

PROPERTY DESCRIPTION 2.2 acres

36 three (3-4) story attached townhomes, LDP ready to issue, ready to develop & build.

Majorly, 3-4b/3ba units ranging from 1600-2400 sf all with rear-loading garages and generous outdoor living spaces. utilize as live-work or small commercial.

Iconic big sky views from McDonough or serene privacy off Marion Dr or Park Road, the “Billie” at Benteen Park has everything, increased value due to new zoning, so plans can be adjusted.

Buy to develop and build or purchase and hold as investment, both are winning strategies.

1/2 miles to beltline, .01 mile to Benteen Elementary,

Mayor Andre Dickens designated Public Interest & Rapid Growth Market!

Listing Contacts

William Scaffidi
Listed by William Scaffidi

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Additional Information

Name
Billy Scaffidi
License
155785
Brokerage Phone
470-476-5421
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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