2788 E PONCE DE LEON AVE

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2788 E PONCE DE LEON AVE

DECATUR, GA 30030-2715
Asking Price
$7.30M
Cap Rate
10.68%
Asset Type
Industrial
Class
Class B

What's Special

Income producing asset in prime Decatur location <ul><li>​<span style="color: rgba(0, 0, 0, 1)">Located within a rapidly growing and redeveloping urban infill corridor just minutes from Downtown Decatur, Avondale Estates, and Downtown Atlanta</span></li><li>​<span style="color: rgba(0, 0, 0, 1)">Income producing property with assemblage and redevelopment opportunities ideal for investors, developers, or future owner-users</span></li><li>​<span style="color: rgba(0, 0, 0, 1)">Exceptional frontage and visibility on East Ponce de Leon Avenue with

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NOI
$80,000
Cap Rate
1.10%
DSCR
0.18
Underwater
Cash-on-Cash
-16.14%
Monthly Payment
$36,116.417
Annual Cash Flow
$-353,397.004

Location & Travel Times