Auction Information
MIDRIV, LLC Commercial and Residential Property Auction
Thursday, March 25, 2021 at 2:00 pm
7461 W Fayetteville Road Riverdale, Clayton County, GA
Commercial and Residential offerings located in both Riverdale and McDonough, Georgia
4 Offerings to include:
-(5) Commercial Buildings and Cell Tower situated on 11+/- Ac at 7228 Hwy #85 in Downtown Riverdale
-Metal Shop Building on Large lot located at 7473 W. Fayetteville Rd, Riverdale SELLING ABSOLUTE
-3 B/R Brick Home located at 7461 W. Fayetteville Rd, Riverdale
-Commercial Building located at 3897 Jodeco Rd, McDonough, Henry County SELLING ABSOLUTE
HUGE Income potential as all these properties are currently rented and generating over $13,000/month
Offering 1
5 Commercial buildings currently leased for a total of $9920 per month.
-Cell tower currently leased for $1280 per month at a 1.5% annual increase.
-Property located right off of State Highway 85
-Daily traffic count of approx. 4...
-Daily traffic count of approx. 47,400!
Offering 2
Metal shop currently leased for $850 per month.
-Building contains an office space, one and a half baths, full industrial sized kitchen, and warehouse storage area.
Offering 3
Brick home currently leased for $575 per month.
-Brick home complete with 3 bedrooms and 1 bathroom.
Offering 4
Commercial building currently leased for $880 per month.
-Just a mile from I-75
-Daily traffic count of approx. 13,400!
Limited Owner Financing will be Available
Some of these properties have been owned by the Brown Family since 1965!
ALL Properties to be SOLD at 7461 W. Fayetteville, Rd, Riverdale, GA
INSPECTION: All properties are available for inspection by appointment. Dempsey Representatives will be at the SALE SITE on Wednesday, March 24th from 12:00pm-4:00pm.
SALE SITE: All properties to be sold from 7461 West Fayetteville Rd, Riverdale, GA 30296
TERMS AND CONDITIONS: REAL ESTATE: 10% Buyers premium to be charged on ALL purchases. 10% Down payment required on sale day, with the balance due on or before 30 days from the above sale date. NO EXCEPTIONS
BROKER PARTICIPATION: We highly encourage Broker participation, please contact our office for explicit instructions.
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