900 Old Roswell Lakes Pkwy Roswell, GA 30076

Property Details for 900 Old Roswell Lakes Pkwy

Year built

1985

Property size

750 SF

Property type

Office Properties & Spaces

Property subtype

Medical offices

Description

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.

Location Insight

City

Roswell

County

Fulton

State

Georgia

Longitude

-84.3376

Latitude

34.0338