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33689874
33689873

1035 WORLEY DR, MARIETTA, GA 30066-3959

PL
357088
Vineyard Real Estate Group
Listed by Vineyard Real Estate Group
$370,000
0 days on market
Updated 0 days ago

1035 WORLEY DR MARIETTA GA 30066-3959

Details
APN 16044500410
Property Type Retail, Senior Living (+1)
Square Footage 1,330
Units 1
Cap Rate 4.00%
NOI $14,400
Occupancy 100%
Tenancy Single
Lease Type Modified
Class B
Year Built 1982
Buildings 1
Stories 1
Lot Size (SqFt) 10,000
Investment Type Sale/Leaseback
Tenant Credit No Credit Rating
Ground Lease No
Ownership Fee Simple
Sale Condition 1031 exchange

Residential, Elder Care Home, Property Only For Sale

Marketing description

Residential home serving an Elder Care Facility.

3/2 Brick Home

Long-term tenant in place

Great location, just off of Canton Rd near Shaw Park and Chastain Rd.

Investment highlights

This home is currently an elder care home. It features 3 bedrooms, 2 full baths. The septic system has been recently maintained and serviced. The tenant is longterm, has all needed state and local certifications and would like to stay, but can vacate as well. This property is one of a portfolio of three the seller is selling. Do not go to property. No showings will be allowed until a contract is in place and during due diligence out of respect for the residents that are cared for in the home. Other properties are listed as 119 Kathryn Dr, Marietta GA 30066 (Elder Care Home) and 4744 Cedartown Hwy, Lindale GA 30147 (Manufactured Home, single tenant).

Listing Contacts

PL
357088
Vineyard Real Estate Group
Listed by Vineyard Real Estate Group

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$14,400.00
$1,200.00/mo

Valuation Metrics

0
DSCR
3.89%
Cap Rate
3.89%
ROI

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