17 Grove Park Place Northwest Atlanta, GA 30318

3 homes + 1 lot BELTLINE DEVELOPMENT OPPORTUNITY GROVE PARK ATLANTA (30318)

1.67 ACRES TOWNHOME PROJECT HIGH UPSIDE PRIME LOCATION

Strategically positioned in Grove Park with the Atlanta BeltLine directly behind the propertyone of the most powerful drivers of appreciation and buyer demand in Atlanta.

DEVELOPMENT SUMMARY

Site: 1.67 Acres (3 houses + 1 lot assembled)

Zoning: R4 (potential for higher density buyer to verify)

Planned Product: build 18-22Modern Townhomes

Height Potential: Up to 3 stories

Layout: Ideal for efficient, repeatable construction

FINANCIAL SNAPSHOT

Purchase Price: $1,400,000

Projected Sellout (ARV): ~$13,000,000

Estimated Total Cost: ~$7.5m

Projected Profit: ~$4m+

INVESTMENT HIGHLIGHTS

BeltLine adjacency = premium resale pricing

Rapidly appreciating West Atlanta submarket

Strong demand for modern townhome product

Scalable build plan (maximize efficiency + margins)

Opportunity to increase density via rezoning

BUILDER / DEVELOPER EDGE

Optimized for cost-efficient construction

Repetitive unit design reduces build complexity

Ideal for builders targeting sub-$150/sq ft execution

High margin potential with disciplined cost control

VALUE-ADD OPPORTUNITY

Rezoning / density increase potential

Product positioning for premium BeltLine buyers

Ability to phase construction for cash flow management

IDEAL BUYER

Infill developers

Townhome builders

Build-to-sell or build-to-rent investors

Groups seeking scalable urban projects