3701 New McEver Road was purchased in Summer of 2010. The 31,500 square foot brick and steel building, is located in Atlanta's northwest industrial corridor. At the time of purchase, the property was 30% including Log Central, HIS Mechanical, TruTech and OTA Industries. AIP purchased the property out of foreclosure from State Bank & Trust for only $625,000 ($19.84SF).

Based on AIP's initial assumptions, the property's cash on cash performance will exceed 30% once the property is completely leased.

Click here for a PDF property flyer.