706 McDonough Blvd SE - 36 unit townhouse development in Benteen Park

2.2 Acres of Residential Land Offered at $3,583,150 CAD in Atlanta, GA 30315

EXECUTIVE SUMMARY

We are pleased to present the following "price improvement" opportunity to be part of Atlanta’s hottest rapid growth markets, Southeast Atlanta. This boutique
36 three (3) story attached townhome development in Benteen Park is ready to go!
We've done the work, devoted the time, and spent the monies getting this project's Land disturbance Permit ready to issue 1st quarter 2025'
Bulder/Developers, the townhouse market has been set by Empire Communities among others in the immediate area. Property values will continue to rise and demand for intown in-fill city of Atlanta, beltline accessible properties will continue to increase.
Take a look around, whether it's the Beltline, Rapid Rail, World Cup 2026' or Moving Atlanta Forward to name a few; there's been a concerted effort, identified as Atlanta's rapid growth markets, to revitalize Southeast Atlanta. Benteen Park is right in the middle of everything accessible Atlanta and the pricing is ultra-competitive.

ATTACHMENTS

MARKETING FLYER

DATA ROOM Click Here to Access

PROPERTY FACTS

Price $3,583,150 CAD
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Multifamily
Total Lot Size 2.20 AC
Cross Streets Park Road & Marion Drive

1 LOT AVAILABLE

Lot

Price $3,583,150 CAD
Price Per AC $1,628,704.50 CAD
Lot Size 2.20 AC

2.2 acres nestled in Benteen Park, three (3) sides frontage gently sloping front to back.

DESCRIPTION

PROPERTY DESCRIPTION LDP approved and "ready to issue" We are pleased to present the following opportunity to be part of Atlanta’s hottest rapid growth markets, Southeast Atlanta. 36 three (3) story attached townhomes, ready to develop & build. Majorily, 3b/3ba units ranging from 1400-2100 sf all with rear-loading garages and generous outdoor living spaces. Additionaly, several units can be utilized as live-work and there are two (2) 2500sf 4b/3ba 'penthouse units'. Iconic big sky views from McDonough or serene privacy off Marion or Park, The Marion at Benteen has everything, plenty of guest parking and amenities too.

PROPERTY TAXES

ZONING

Zoning Code MR-3-C (SAP approval attached but builder/developers not limited to construction types)
  • Listing ID: 33973074

  • Date on Market: 2024-11-22

  • Last Updated:

  • Address: 706 McDonough Blvd SE, Atlanta, GA 30315