303 Hill Street

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303 Hill Street

Atlanta, GA 30312
Asking Price
$598K
Asset Type
Commercial Land
Class
Class B

What's Special

Land | 0.83 acres <ul><li>​Two single family home sites (±0.17 and ±0.15) totaling ±0.32 acres</li><li>​Sites can be purchased individually for $299,000</li><li>​Zoned SA4 SPI-22 Memorial Drive/Oakland Cemetery</li><li>​Can be sold with the adjacent ±0.51 acre parcel for ±0.83 total acres</li><li>​New or renovated homes in area can sell for $800k-$1M+</li><li>​Walkable to booming neighborhoods of Summerhill, Reynoldstown, Old Fourth Ward, and South Downtown</li><li>​Brief walk to many wonderful restaurants and re

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NOI
$80,000
Cap Rate
13.38%
DSCR
2.25
Strong
Cash-on-Cash
24.80%
Monthly Payment
$2,958.578
Annual Cash Flow
$44,497.067

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