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2798 Glenlocke Cir NW - Home with Profitable Event Rental Space 2,405 SF Specialty Building Offered at $524,000 at a 4.77% Cap Rate in Atlanta, GA 30318



Investment Highlights
- Turf Yard Built for Entertainment and Filming
- Sold with Tables and Chairs.
- Profitable Event Space
Executive Summary
Buy or Lease Purchase from a motivated seller! An extraordinary Atlanta estate designed for luxury living and grand-scale entertaining! This stunning 4-bedroom, 3.5-bathroom home is located on the Upper Westside and close to all major Atlanta attractions. Huge, private, low-maintenance turf backyard has a convenient, separate full bathroom. For the savvy owner, this picturesque backyard has proven to be a lucrative asset, generating significant income with curated events. The marvel continues when you enter the home to a completely remodeled chef's kitchen that will delight culinary enthusiasts. Boasting top-of-the-line stainless steel appliances, including a wall oven and gas cooktop with a convenient pot filler. This kitchen combines functionality with elegant design. Gorgeous, seamless granite countertops and backsplash provide ample workspace for cooking gourmet meals, while the walk-in pantry and abundant custom cabinetry offer exceptional storage and organization. The kitchen opens to the two-story great room and an open, separate dining room that can go from comfortably seating 75 guests to a quiet movie night in front of the fireplace. The interior continues to impress with an open-concept layout featuring gleaming hardwood floors in the spacious and inviting separate dining room that can seat 12+.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
- Controlled Access
- Air Conditioning
- Smoke Detector
Property Taxes
| Parcel Number | 17-0257-LL-080-7 | Total Assessment | $174,160 |
| Land Assessment | $49,720 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $124,440 | Tax Year | 2025 |
Property Taxes
Parcel Number
17-0257-LL-080-7
Land Assessment
$49,720
Improvements Assessment
$124,440
Total Assessment
$174,160
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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2798 Glenlocke Cir NW - Home with Profitable Event Rental Space
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