2715 Cheney Street

Description

BACK ON MARKET previous buyer could not secure financing. Calling all developers! Increasingly rare 7+ acre, turn-key development opportunity pre-approved for 40 units inside the Perimeter. Easy 10 minute walk via a new path directly from the community to East Point's booming downtown filled with shops, restaurants, and convenient Marta stop. Grocery, shopping, health care, public services - you name it, it's nearby. Attract wellness-focused residents and biking enthusiasts thanks to Sumner Park and the Dick Lane Velodrome. Easy drop off and pick up at the prestigious Woodward Academy. Strong demand in the area for the world's busiest airport's workforce. Marta makes an easy commute to Downtown and Midtown Atlanta, increasing viability and value for the community waiting to emerge from this prime piece of property. The nearby 9-acre East Point Commons development location just set a groundbreaking, bringing even more demand for this fast-growing, development-friendly city. Within Frog Hollow, a historic neighborhood of well-kept bungalows, this location is perfect to bring your vision of a new community to life. Or pick up the high-quality plans and work that the current developer/owner has completed for one of the fastest-to-market projects the area may have ever seen. All the hard work is done and is included in the sale of this parcel including detailed topographic survey with location of trees, rezoning approval for Community Unit Plan (CUP), site plan, preliminary architectural floor plans and elevations, hydro study, full civil engineering, earthwork calculations, arborist report, geo tech, traffic impact study. These materials and a consultation with the developer can be made available during due diligence with a signed confidentiality agreement. Contact the listing agent today to get the process started.