For Sale
$515,673

5765 Stables WayAlpharetta, GA 30004

High-ROI Warehouse Condo in Alpharetta, GA

Overview

Added:
Dec 11, 2024
Days on market:
115
This Alpharetta, GA warehouse condo (Unit C04, 5765 Stables Wy, 30004) presents a compelling investment opportunity. Priced at $515,673, this 1,150 square foot (1,525 net rentable) NNN-leased property boasts an 8.50% cap rate and a strong NOI of $43,832. The 3-year lease ensures stable income. Features include 21' 2.25" to 23' 0.25" ceiling heights, 14x14 overhead doors with operators, and energy-efficient construction with LED lighting. The property is part of a secure, gated community with 24/7 access and wide paved aisles, ideal for car enthusiasts. All units are designed and approved for mezzanines (additional cost). The estimated monthly assessment is $348.52, with a $1,400.00 HOA initiation and admin fee. The land value is $380 per square foot. This insulated masonry construction warehouse offers a unique blend of security and functionality, making it an attractive investment for both short-term and long-term gains. The property is situated in Forsyth County, Georgia.

Property Details for 5765 Stables Way

Property type
Warehouses, Industrial properties
Square Feet
1,150 SF

Location Insight

City
Alpharetta
County
Forsyth
State
Georgia
Latitude
34.1464825
Longitude
-84.2500332
5765 Stables Way, Alpharetta, Georgia

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5765 Stables Way
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