Log In/Sign Up
Your email has been sent.
104 Pier Pt 1,320 SF Specialty Building Offered at $184,000 at a 6.22% Cap Rate in Griffin, GA 30223
Investment Highlights
- Income-producing investment property with an existing tenant in place.
- Three-bedroom, two-bath residence totaling approximately 1,320 SF.
- Convenient access to shopping, dining, schools, and everyday services.
- Currently generating approximately $15,000 in annual rental income.
- Established residential location in Griffin, GA.
- Easy connectivity to major roadways serving Griffin and the South Atlanta market.
Executive Summary
104 Pier Point presents an income-producing investment opportunity in Griffin, Georgia. The property is currently tenant-occupied and generates approximately $15,000 in annual rental income, providing immediate cash flow for investors seeking stable returns.
Located within an established residential neighborhood, the property offers convenient access to shopping, dining, schools, and major transportation corridors connecting Griffin to South Atlanta and the greater metropolitan area. The surrounding area continues to benefit from strong rental demand driven by affordability and accessibility to regional employment centers.
With an existing tenant in place and a proven rental history, this property is well-positioned for investors looking to expand their portfolio with a cash-flowing asset. Its combination of current income, neighborhood stability, and proximity to everyday amenities supports both long-term hold and portfolio growth strategies.
The property may also appeal to investors seeking to acquire multiple assets, as additional Griffin-area properties may be available as part of a larger portfolio offering.
This property is one of seven properties for sale. The other properties are:
1145 Spring Creek Cir - 1145 Spring Creek Cir Griffin, GA 30223- $185,000
1389 Flat Rock Rd - 1389 Flat Rock Rd Stockbridge, GA 30281-$269,000
1410 June St. - 1410 June St. Griffin, GA 30223-$179,000
2744 Fairlane Dr SE - 2744 Fairlane Dr SE Atlanta, GA 30354-$209,500
523 West Vineyard Rd - 523 West Vineyard Rd Griffin, GA 30223-$194,900
8579 Creekwood Way - 8579 Creekwood Way Jonesboro, GA 30238- $185,000
The total for all seven properties is 1.4 million.
Please contact us for more information!
Located within an established residential neighborhood, the property offers convenient access to shopping, dining, schools, and major transportation corridors connecting Griffin to South Atlanta and the greater metropolitan area. The surrounding area continues to benefit from strong rental demand driven by affordability and accessibility to regional employment centers.
With an existing tenant in place and a proven rental history, this property is well-positioned for investors looking to expand their portfolio with a cash-flowing asset. Its combination of current income, neighborhood stability, and proximity to everyday amenities supports both long-term hold and portfolio growth strategies.
The property may also appeal to investors seeking to acquire multiple assets, as additional Griffin-area properties may be available as part of a larger portfolio offering.
This property is one of seven properties for sale. The other properties are:
1145 Spring Creek Cir - 1145 Spring Creek Cir Griffin, GA 30223- $185,000
1389 Flat Rock Rd - 1389 Flat Rock Rd Stockbridge, GA 30281-$269,000
1410 June St. - 1410 June St. Griffin, GA 30223-$179,000
2744 Fairlane Dr SE - 2744 Fairlane Dr SE Atlanta, GA 30354-$209,500
523 West Vineyard Rd - 523 West Vineyard Rd Griffin, GA 30223-$194,900
8579 Creekwood Way - 8579 Creekwood Way Jonesboro, GA 30238- $185,000
The total for all seven properties is 1.4 million.
Please contact us for more information!
Property Facts
| Price | $184,000 | Property Subtype | Residential Income |
| Price Per SF | $139.39 | Building Class | C |
| Sale Type | Investment or Owner User | Building Size | 1,320 SF |
| Cap Rate | 6.22% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1994 |
| Price | $184,000 |
| Price Per SF | $139.39 |
| Sale Type | Investment or Owner User |
| Cap Rate | 6.22% |
| Property Type | Specialty |
| Property Subtype | Residential Income |
| Building Class | C |
| Building Size | 1,320 SF |
| No. Stories | 1 |
| Year Built | 1994 |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 066-02-110 | Improvements Assessment | $64,962 |
| Land Assessment | $8,000 | Total Assessment | $72,962 |
Property Taxes
Parcel Number
066-02-110
Land Assessment
$8,000
Improvements Assessment
$64,962
Total Assessment
$72,962
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
