8661 Covington Highway
$2,700,000
8661 Covington Highway Conyers, GA 30012
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About this listing
DESCRIPTION
Introducing a prime investment opportunity! Situated in the thriving Conyers area, this 21,225 SF office building is a beacon of potential. Boasting 12 units and 100% occupancy, this established property, built in 1989, is a solid and lucrative addition to any portfolio. With a M zoning designation, this asset offers versatility to suit a range of business needs. Take advantage of this turnkey investment with strong potential for continued growth and success.
21,225 SF office building 12 units providing diversification Built in 1989 for modern functionality Zoned M for versatile use Located in the thriving Conyers area
Currently at 100% occupancy
AREA
Discover the vibrant community surrounding this prime Conyers location. Situated in the heart of Conyers, GA, the area boasts a perfect blend of modern amenities and historic charm. Nearby, investors will find the bustling downtown area, offering a variety of dining, retail, and entertainment options. The location also provides convenient access to major highways and public transportation, ensuring that the area is well-connected. With its close proximity to parks, recreational facilities, and cultural attractions, the area offers an appealing combination of convenience and lifestyle amenities for potential office investors.
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Cap Rate
9.64%
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Building Size
21,225 sqft
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Lot Area
3.13 acres
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Units
12
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Year Built
1989
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Zoning
Light Industrial District
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MLS ID
10627891
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Floors
1
Details
- • Annual Tax: $ 19910.0
- • Available Floors: 1
- • Average Occupancy Rate: 100.0
- • Lot Size: 2-5 Acres
- • Age: 31-40 Years Old
