For Sale
$175,000

900 Old Roswell Lakes PkwyRoswell, GA 30076

Prime Roswell location, 750-1680 sq ft.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a 1-unit, Class B medical/traditional office condo in the desirable Old Roswell Lake Office Park, located at 900 Old Roswell Lakes Pkwy, Roswell, GA 30076. Built in 1985 and renovated in 2018, this single-story, 750 square foot condo sits on a 750 square foot lot within a larger 10-acre park featuring two ponds with fountains and mature landscaping. The property is part of a larger complex with multiple buildings, including three other condo buildings (700, 800, and 900). Building 1000 is currently fully occupied by Eaton Academy. This particular unit offers ample parking with bright night lighting, ensuring safety and convenience. The property is zoned OFC Condo and is offered at an asking price of $175,000. The low association dues of $4.46 per square foot cover property taxes, insurance, and common area maintenance. This presents a strong investment opportunity, particularly for 1031 exchange buyers. The current rental rate is $15 per square foot plus association dues, yielding a 6.4% capitalization rate. The property's serene environment, convenient location minutes from downtown Roswell, and well-maintained grounds make it an attractive option for both owner-occupants and investors. The property features 750 square feet of air rights. This is a corporation-owned property.

Highlights

  • $15/SF base rent plus association dues.
  • 6.4% capitalization rate.

Property Details for 900 Old Roswell Lakes Pkwy

Property type
Office properties, Medical offices
Square Feet
750 SF
Class
B
Year Built/Renovated
1985/2018
Buildings
1
Stories
1
Units
1

Location Insight

City
Roswell
County
Fulton
State
Georgia
Latitude
34.0337753
Longitude
-84.3375549
900 Old Roswell Lakes Pkwy, Roswell, Georgia

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900 Old Roswell Lakes Pkwy
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