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2230 Rex Rd 15,769 SF Specialty Building Offered at $2,791,840 CAD at a 6% Cap Rate in Morrow, GA 30260

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INVESTMENT HIGHLIGHTS

  • Pastors Office and Secretary's Office
  • high ceilings
  • Parking on both sides of building

EXECUTIVE SUMMARY

***Please Do Not Disturb the Tenant!!***
Excellent opportunity to acquire this amazing building. 15,769 S F Church, with Huge Sanctuary and home to a full K-12 Private Christian Academy, ranked with highest accreditation of public and private schools. Fellowship hall, Private office for Pastor, Secretaries office, Kitchen built with commercial grade restaurant style equipment. Children's church can easily be converted to a 24 hour daycare to further serve the community. Tax exempt facility offers many avenues to increase revenue streams, as well as serve the community. All furnishing will remain. Playground with 4 acres to expand and add buildings for additional classes and much more. Too many features to list. Must see!!!!!
Bring all offers, motivated seller. All offers must be accompanied by proof of funds.
ATTENTION: PLEASE DO NOT APPROACH THE BUILDING WITHOUT AN APPOINTMENT. THIS IS A VERY DELICATE SITUATION, PLEASE DO NOT SPEAK TO STUDENTS, TEACHERS, STAFF OR PARENTS. MUST HAVE AN APPOINTMENT AND BE ACCOMPANIED BY THE BROKER.

PROPERTY FACTS

Price $2,791,840 CAD
Price Per SF $177.05 CAD
Sale Type Investment or Owner User
Cap Rate 6%
Property Type Specialty
Property Subtype
Religious Facility
  • Specialty Schools
Building Class C
Lot Size 4.00 AC
Building Size 15,769 SF
No. Stories 2
Year Built/Renovated 1980/2006
Parking Ratio 6.34/1,000 SF
Zoning RS 110 - Religious Facility, Church, Synagogue, Educational Facility

AMENITIES

  • Bus Line
  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
12-0148B-00A-003
Land Assessment
$33,690 CAD
Improvements Assessment
$698,343 CAD
Total Assessment
$732,033 CAD
  • Listing ID: 29995019

  • Date on Market: 2023-11-08

  • Last Updated:

  • Address: 2230 Rex Rd, Morrow, GA 30260

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