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Not all properties are available online. For a complete list, call (404) 876-1640 or contact us now.
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Foreclosure / Lender Owned Property
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Email: Rob Whitmire, MBA, ePro
(404) 876-1640 ext. 128
Email: John DeYonker
(404) 876-1640 ext. 142
 Email a Friend |  PDF
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| Bank Owned: Yankee Landing (2,972 Acres) |
Price:
$13,500,000.00
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| Glynn County, Brunswick, Georgia |
DEVELOPMENT: The Peninsula at Golden Isles, a 3,330 acre waterfront tract in the Dover Hall/Cabbage Bluff area of Glynn County, is the last riverfront development opportunity of its kind along the Little Satilla River. Phase I (not included in subject property), comprising 207 single family residential lots, was completed mid-2009 with 12 lots selling at that time.
SUBJECT PROPERTY: Yankee Landing is the 2,972 gross acres of future development land in The Peninsula at Golden Isles. As currently proposed per the DRI, this development will include a total 4,454 dwelling units, including single family, multi-family and 180,000 SF of commercial development. The property is bank owned.
LOCATION & ACCESS: The property is ideally situated in the heart of the Georgia Coast known as the Golden Isles. Located between Jacksonville and Savannah, Yankee Landing is just a short ride to St. Simons Island and Sea Island. With access directly to the deep water of the Little Satilla River, the Intercoastal and the Atlantic Ocean are only a boat ride away. Future development plans included a marina, shared docks, and a boat launch. |
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Email: Rob Whitmire, MBA, ePro
(404) 876-1640 ext. 128
Email: John DeYonker
(404) 876-1640 ext. 142
Email a Friend | PDF
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| Bank Owned: 100 Developed Lots plus 375 Acres Raw Land |
Price:
$12,635,600.00
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| 300 Lester Mill Road, Locust Grove, Georgia |
| Located in Locust Grove, a thriving suburb southeast of Atlanta, Georgia, the Eagle’s Brooke Community expands approximately 1,200 acres and offers residents and visitors a remarkable neighborhood experience. With one of the state’s best golf courses, a million dollar aquatic center, and a tennis facility already in place, this development is well positioned for continued growth for many years to come. This offering includes 100 developed residential lots, four commercial corner lots, one 7-acre multi-purpose lot, and over 350 acres of undeveloped land. Call John or Rob today to find out more. |
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Email: Mike Cahalan, MBA
(404) 876-1640 ext. 146
Email a Friend | PDF
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| Bank Owned - Lender Ordered Sale: Broadmoor Development (387 Residential Lots) |
Price:
$10,300,000.00
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| Liberty Church Road & Highway 211, Braselton, Georgia |
BANK OWNED - LENDER ORDERED SALE - Excellent opportunity for a residential developer or investor group to acquire a fully entitled residential development that involves 233 single family lots and 154 townhome lots for a total of 387 units. The property known as Broadmoor is located just north of Hwy 211 on Liberty Church Road. The streets, water, and sewer are completed on about 90% of the development with just some minor work that needs to be finalized.
This property is located in Braselton, GA which has been ranked one of the top destinations for new residential development on the I-85 corridor in North Atlanta. Directly next to the tract, at the intersection of I-85 and Hwy 211, the Halverson Company has the 232 acres at the corner planned for a 1,000,000 sq ft commercial development. A two mile walking/jogging/nature trail is planned by the city that will meander along Mulberry Creek to the rear of the property between the Halverson Development and the Broadmoor tract. The proposed Northeast Georgia Medical Center has a 100 bed planned hospital under consideration just one mile from the subject property. The Villages of Deaton Creek, the most successful adult active community in the state of Georgia is located less than one mile from the tract as well. Many retail businesses are relocating to the area to take advantage of the high density of residential development.
PLEASE SUBMIT ALL OFFERS. |
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Email: Kyle Stonis, CCIM
(404) 876-1640 ext. 123
Email: Rob Whitmire, MBA, ePro
(404) 876-1640 ext. 128
Email a Friend
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| Lender Owned Class A Retail Center (43,990 sq ft) "Sold & Closed" |
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| 8450 Holcomb Bridge Road, Alpharetta, Georgia |
Sold & Closed. Ellard Mercantile Exchange is a lender owned 43,990 square foot retail center located in Alpharetta, Georgia (Atlanta MSA). The ground floor is retail and the second floor with street level access is built for retail/office suites. The aesthetically stunning center was built in 2007 and is complete inside and out with beautiful high-end construction with attention to detail, such as brick exterior, wood paneling and wrought iron banisters.
This opportunity is ideal for an investor looking for a value add, class A development with huge potential gains through continued lease up and property appreciation. After property stabilization, an investor will enjoy cash flow and an increasingly valuable, profitable, and premier asset.
Alpharetta is located in northern Fulton County in a constantly and steadily growing affluent area. The center in located on the major retail corridor of Holcomb Bridge Road, surrounded by residential and retail areas which benefits from the high traffic count of 46,000 vehicles per day. While the center sits in a highly trafficked retail area, its unique and beautiful architecture, coupled with excellent tenants, makes it a distinct shopping experience. |
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Email: Kyle Stonis, CCIM
(404) 876-1640 ext. 123
Email: Rob Whitmire, MBA, ePro
(404) 876-1640 ext. 128
Email a Friend
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| Lender Owned Class A Retail Center (34,375 sq ft) "Sold & Closed" |
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| 12650 Crabapple Road, Alpharetta, Georgia |
Sold & Closed.
The Crabapple Mercantile Exchange, a 34,375 sq ft class “A” retail center, has been sold in Alpharetta, Georgia. Alpharetta is an upscale suburb in north Fulton County in the Atlanta MSA. The center located at 12650 Crabapple Road was built in 2007 and delivered just as the retail market began to decline. With occupancy at 37%, the property was foreclosed in 2009 by Flagstar Bank.
Flagstar chose Bull Realty in Atlanta to manage and market the center. The property sold on March 31, 2010 in an all cash sale. Kyle Stonis, CCIM, a Partner and Senior V.P. Retail Division with Bull Realty, and Rob Whitmire, MBA, a Partner and Senior VP Foreclosure & Special Assets Division with Bull Realty handled the transaction.
“There is a lot of interest from investors now for well located centers, reported Kyle Stonis, CCIM. We received 12 offers immediately and a total of 20 qualified offers before a buyer was chosen.”
The new owners have enlisted Darrell Chapman V.P North Georgia office with Bull Realty to manage and lease the property. The centers first tenant was the Olde Blind Dog Irish Pub, a popular restaurant and pub. Chapman says the local investors who bought the property are focusing on locally owned businesses to create a true walking village with unique and fun shops.
Bull Realty has brought another newly built Class “A” Alpharetta center to market for a bank that had foreclosed. The approximately 44,000 sq ft upscale center is on Holcomb Bridge Road. “When you can acquire new high end properties at prices far well below current replacement costs, it just makes sense to be buying, if you have the dry powder and the fortitude”, Kyle Stonis, Bull Realty. |
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Email: Rob Whitmire, MBA, ePro
(404) 876-1640 ext. 128
Email: John DeYonker
(404) 876-1640 ext. 142
Email a Friend | PDF
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| Bank Owned - River View Apartments (138 Units) |
Price:
$7,590,000.00
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| 120 Anderson Avenue, Canton, Georgia |
Bull Realty is pleased to offer the opportunity to acquire a bank owned apartment complex, known as the River View Apartments.
Riverview is an upscale 138 unit apartment complex on 7 acres at the Etowah river in Canton Georgia, a popular Atlanta bedroom community.
The 4-story River View Apartments were built new in 2008. The project was delivered just as the housing market began to falter. When initial lease up stalled, the bank foreclosed on the property. Now that the bank has taken control, leasing activity is beginning to improve and occupancy is currently at 40%.
Riverview Apartments offers an investor huge upside profit potential. For illustration, consider the numbers. The 2008 appraised value was $18 million. The costs to deliver the project was approximately $12 million. The property might be acquired today at $7,590.000. If this property is acquired at this price, which is only $55,0000 per unit, this is 42% of the 2008 appraisal, and 63% of replacement costs.
All units are rent ready including full appliances packages and all units have washer dryer connections.
The River View Apartments are conveniently located just off Riverstone Parkway in close proximity to I?575, the Etowah River and local parks. Tenants can enjoy a walking path along the Etowah river, a new YMCA next door, and many retailers and restaurants in the immediate area.
Riverview Apartments. The right time.. the right property… at the right price.
To submit an offer, or for more information, contact John DeYonker or Rob Whitmire with Bull Realty at 404-876-1640.
This bank owned property is offered “as-is, where-is”.
Click here for a Video of RiverView Apartments |
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Email: Rob Whitmire, MBA, ePro
(404) 876-1640 ext. 128
Email: John DeYonker
(404) 876-1640 ext. 142
Email a Friend | PDF
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| Bankruptcy Sale - Le Jardin Subdivision - Metro Atlanta: 800 +/- Acres Partially Developed Land |
Price:
$6,000,000.00
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| Campbellton-Fairburn Road & Ridge Road, Fairburn, Georgia |
| Located in Fairburn, a thriving suburb less than 20 minutes south of downtown Atlanta, the Le Jardin development expands approximately 1,120 acres and is currently approved for over 1,650 lots. The MIX (Mixed Use) zoning allows for a combination of SFR, townhomes, cottages, and commercial areas to boost density and encourage a community atmosphere. This offering includes approximately 800 acres of raw and undeveloped land currently planned for single family housing. Priced at $7,500 per acre, this is a great opportunity to acquire a large developable land tract in the Atlanta MSA. Call John or Rob today to find out more. |
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Hospitality Properties
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Email: Mike Cahalan, MBA
(404) 876-1640 ext. 146
Email a Friend | PDF
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| Clarion Hotel - Near Hartsfield-Jackson Atlanta International Airport |
Price:
$5,500,000.00
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| 6288 Old Dixie Highway, Jonesboro, Georgia |
| LOCATION! LOCATION! This full service Clarion Hotel is located just two miles south of the world's busiest airport - Hartsfield-Jackson Atlanta International Airport. The property is situated right off I-75 on Old Dixie Highway with excellent visibility to the interstate. One of the largest NASCAR tracks in the country - Atlanta Motor Speedway - is less than 10 minutes away at this exit. There are 52,000+ cars a day passing right in front of the hotel - an excellent long term investment for any hotel operator. The building has been completely refurbished with the lobby, meeting rooms and guest rooms up to date with the latest features. There are six meeting/banquet rooms that can seat over 200 people making this hotel a prime spot for company functions, weddings and parties. There is a beautiful outdoor swimming pool and large playground/gazebo for those sought after company/family gatherings. The property comes with over six acres of land of which a retail strip center or hotel addition can be realized. There is a huge need for a cocktail lounge that could be a part of the hotel amenities for local residents and guests staying at the hotel which could generate a large increase in sales and profits for the owner. A local contract is about to be signed with a parking company that would allow onsite parking for travelers flying out for the airport that would utilize the hotel shuttle. This, in turn, would generate increased room reservations for guests who would stay at the hotel and utilize the parking services. There is a contract currently in place with Delta Air Lines and Air Tran for guests that might be stranded for weather or flight delay issues. |
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Foreclosure / Lender Owned Property
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Email: Rob Whitmire, MBA, ePro
(404) 876-1640 ext. 128
Email: John DeYonker
(404) 876-1640 ext. 142
Email a Friend | PDF
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| Foreclosed Subdivision "Sold & Closed" |
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| Grayson Highway, Grayson, Georgia |
| Sold & Closed. This residential portfolio consists of 17 single family homes and nine SFR home sites in the Georgetown Commons subdivision in Grayson, Georgia. In various stages of completion, the four sided brick/stone homes range in square footage between 3,500 sq ft and 6,000 sq ft. The development has all utilities, sewer and county services in place. This property was exclusively marketed and sold by Bull Realty REO services. |
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Email: Kyle Stonis, CCIM
(404) 876-1640 ext. 123
Email a Friend | PDF
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| Lender Ordered Sale - The Shoppes at Justin Drive (16,520 sq ft) |
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| 11572 Highway 92, Woodstock, Georgia |
Shoppes of Justin Drive is a 16,520 sq ft retail center located directly off Highway 92 in Woodstock, GA. The property is currently 100% vacant and offers tremendous upside for a investor or user. The property is designed to accommodate several large tenants or can be broken down into 12 individual suites. The center’s location offers excellent exposure to over 55,000 vehicles per day and its proximity to I-575 and other large retail centers makes the location easily accessible and ideal for tenants. Area retail shopping centers include Woodstock Crossing, a Kroger anchored shopping center, Centre at Woodstock, a Publix anchored shopping center and Shoppes at Trickum, a Wal-Mart anchored shopping center—all within a one mile radius of The Shoppes at Justin Drive.
This property is not priced; bring all offers. |
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All Properties
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Not all properties are available online. For a complete list, call (404) 876-1640 or contact us now.
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