THE FOLLOWING PROPERTIES WILL BE SOLD IN CONJUNCTION WITH THE COURT-ORDERED SALE
OF ALL THE ASSETS OF PINNACLE DEVELOPMENT PARTNERS, LLC.
Qualified buyers should submit a Letter of Intent with details of offer
and fax to Gary Mills, Metro Brokers GMAC Real Estate, fax 770-579-0242.
**UNDER CONTRACT** 2287 Old Alabama Road, Austell, GA 30168 -15 acre development parcel located in Cobb County at the intersection of Old Alabama & Cardel Rd. Zoned R-20 OSC and approved for 26 single-family homes. All utilities available. Approx. 7.8 acres of green space. Price reduced to $600,000 $265,000, or $23,077/lot $10,192/lot.
Aerial View. Google Map. Plat Map. Loopnet Listing.
**TO BE AUCTIONED ON JULY 23, 2009** 1171 South Gordon Road, Austell, GA 30168 - Two parcels, approximately 4.7 acres total, zoned R-A2, approved for 10 single family homes. Located in Cobb County, Austell. Surrounded by new residential development. Two existing homes on site were previously rented and could be rehabbed as income properties. Reduced to $300,000 $150,000, or $30,000 $15,000 per lot.
Aerial View. Google Map.
**SOLD** 5556 Davis Drive, Austell, GA 30168 - Potential Commercial - Five parcels totaling 5 acres located in Cobb County at the intersection of Davis Drive and Veterans Memorial. Zoning for this parcel is approved for 15 single family homes. Veterans Memorial frontage parcel is 2 acres and could be re-zoned back to O&I. One single family brick home is located on four parcels totaling 3 acres. Reduced to $495,000 $349,900, or $23,325/lot. Trustee will consider subdividing.
Aerial View. Google Maps.
220 Adeline Avenue, Atlanta, GA- 7.01+/- acres in the Westlake area of Southwest Atlanta (Fulton County). Zoned PD-H (Planned Development-Housing) and APPROVED by the Atlanta City Council for 47 single family homes. Ready for development. Appraised for $790,000 in mid-2007. Reduced to $500,000 $295,000, or $10,638 $6,277 per lot.
Aerial View. Google Map. Site Plan.
**TO BE AUCTIONED ON JULY 23, 2009** 2900 Mt. Zion Road SE, Atlanta, GA- Located in south Fulton county, this 1 acre+/- property is offered in two parcels and zoned R-G2 and R-4 and APPROVED for 12 townhome units. Ready to develop. Reduced to $120,000 $60,000, or $5,000/unit.
Aerial View. Google Maps.
**UNDER CONTRACT** 1051 Regis Road SE, Atlanta, GA - single family home, recently renovated. Excellent investor property. Very little needed to move in. New carpet and flooring. Fenced, shaded backyard. Priced slashed to $65,000 $19,900.
Google Map.
**UNDER CONTRACT** 1484 & 1500 Columbia Drive, Decatur, GA - Two adjacent parcels on 3 acres of prime, level land, offered divided or as a whole. Zoned R-75 with site plan pre-approved by Dekalb County for development of 9 single family homes. There is a new subdivision of townhomes across the street from this property, located on the east side of metropolitan Atlanta (Dekalb County) in close proximity to Avondale Estates. There are currently two homes on this property. Potential commercial, church or multi-family. Reduced to $300,000 $250,000, or $33,333 $27,778 per lot.
Aerial View. Google Map.
**UNDER CONTRACT** 5927 Rockbridge Road, Stone Mountain, GA - Potential commercial. Single family home on 1.4 acres, 151 feet of frontage on Rockbridge Rd, 3B/1B, 2 car carport. Potential commercial. Reduced to $92,000 $39,900.
Google Map.
2062 Poplar Falls Road, Lithonia, GA - 22.8 acres of prime development land located in Lithonia, Dekalb County, just north of I-20 at Stonecrest Mall and Turner Hill Rd. Property is ideally suited for sub-division development or several estate-size parcels with end of road privacy. The property surrounds a 3+/- acre lake with a pier and covered gazebo with stone barbecue grill. The 5 bedroom, 3.5 bath ranch home could be restored, and the property is ideally suited for horses with a stable area and barn. Very close to I-20 and Highway 124 on the east side of Atlanta. Reduced to $599,000 $399,000, or $17,500/acre.
Aerial View. Google Map.
**UNDER CONTRACT** 2139 Poplar Falls Road, Lithonia, GA - 15.47 acres of undeveloped land located in Dekalb County, Lithonia, Georgia, a short distance from Stonecrest Mall off Turner Hill Rd. This property has four frontage access points on Poplar Falls Rd. and Union Grove Road. Ideal for parceling out or subdivision development. A single-family home has been recently vacated and is in excellent condition, with an in-ground swimming pool and 4 car garage. This property has hardwood trees, and a variety of fruit trees on the premises. There is a large steel barn recently used to house a motor home, and a tennis court. Very close to I-20 and Highway 124 on the east side of Atlanta. Adjoining 7 acre parcel also available for $21,000/acre. Reduced to $549,000 $299,000, or $19,328/acre.
Aerial View. Google Map.
