About 17 Grove Park Place Nw

Joint Venture Development Opportunity - The Grove Collection Atlanta We are seeking an experienced joint venture development partner for The Grove Collection Atlanta, an exclusive luxury townhome community. Project Overview * 16 luxury townhomes * Three-story residences * Approximately 1,800 square feet per home * Parcel consolidation into one development site * Land is owned free and clear (no debt) Financial Highlights * Land basis: $100,000 per unit * Estimated construction cost: $300,000 per unit * Total development cost: Approximately $400,000 per residence (excluding financing, soft costs, and contingencies) * Target sales price: $750,000 per residence * Projected sellout value (ARV): Approximately $12,000,000 We are looking for a strategic joint venture partner with experience in luxury residential development who can provide development expertise, construction management, capital, or a combination of these resources to bring this project to completion.

Features of 17 Grove Park Place Nw

MLS® #	10722343
Price	$1,400,000
Bedrooms	3
Bathrooms	5.00
Full Baths	2
Half Baths	3
Square Footage	12,000
Acres	1.67
Year Built	1951
Type	Residential
Sub-Type	Mixed Use
Style	Brick 4 Side
Status	Active
Basement	No

Community Information

Address	17 Grove Park Place Nw
Subdivision	NONE
City	Atlanta
County	Fulton
State	GA
Zip Code	30318

Amenities

Utilities	Cable Available
Parking	None
Is Waterfront	No
Has Pool	No

Interior

Interior Features	Other
Appliances	Other
Heating	Forced Air
Cooling	None
Has Basement	No
Basement	None
Fireplace	No
Stories	One

Exterior

Exterior Features	Other
Lot Description	Other
Roof	Composition
Construction	Aluminum Siding
Foundation	Block

School Information

Elementary	West Manor
Middle	Centennial Place
High	South Atlanta

Additional Information

Days on Market	160
Foreclosure	No
Short Sale	No
RE / Bank Owned	No

Listing Details

Office	Trelora Realty, Inc.

Listing Map

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17 Grove Park Place Nw, Atlanta, GA