Commercial Real Estate Auction: 6 Office Condominiums in Magnolia Office Park

8314, 8315, 8317, 8318, 8319, 8321 Office Park Drive, Douglasville, GA 30135



Auction Date: Tuesday, October 23rd at 1pm. Auction held onsite.


Minimum Acceptable Bid: Only $275,000 for 6 units combined.


Property Address: 8314, 8315, 8317, 8318, 8319, 8321 Office Park Drive, Douglasville, GA 30135

Real Estate Highlights:

Six recently built office condominiums conveniently located just off Hwy 92 in Douglasville, GA.


Additional Information:

  • Five units are leased. Unit 8315 is vacant. See Rent Roll, leases for more info.

  • Units are all electric and separately metered. Tenants pay power bills.

  • Water, sewer, garbage and landscaping are covered by the condo association.

  • Condominium dues are $.65/sf. See Condominium Declaration for more info.

  • Landlord is currently paying condominium dues.

  • Taxes are under appeal. The appeals can be completed by the new owners. See Tax Statement for more info.

Property Inspection: By appointment. Do not disturb tenants. Contact: Tom Hunter 770-682-8552


Directions: From I-20, Take exit 37 for GA-92/Fairburn Rd towards Douglasville. Proceed on Fairburn Rd .8 mile to Hospital Dr. Turn right Hospital Dr. Turn left on Office Park Drive.

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Call for disclosure information & bidding instructions.




Terms and Conditions / Bidder Affidavit

Auction Purchase and Sale Agreement

Broker Registration Form
Broker Acknowledgement Addendum
How To Bid At The Auction
Budget, Profit & Loss
Certificates of Occupancy
Condo Dues Statement: Units 8314, 8315,8317, 8318, 8319, 8321
Declaration of Protective Covenants
Floor Plans:
Rent Roll: CPT Magnolia 8/13
Rent: October 2012
Tax Notices: 2012 Douglas County
Title Policy

All property disclosure documents may not be available at this time. Be sure to check back as auction documentation is added frequently.


  • A 10% buyer’s premium will be added to the high bid to determine the purchase price. The high bidder will sign the Auction Purchase and Sale Agreement and make a 10% down payment based on the high bid. Example: $100,000 high bid x 10% = $10,000 buyers premium. The purchase price will be $110,000. The down payment will be $11,000.

  • The purchaser will pay all closing costs.

  • Taxes will be prorated.

  • Closing must occur within 30 days of contract acceptance by the seller.

  • See additional terms and conditions contained in the Bidder’s Affidavit.

Please see additional Terms & Conditions, Auction Purchase & Sale Contract and Addendum documents listed above.


Please check back frequently for changes.

Any and all information contained on the site is subject to changes and corrections, and that it is the prospective purchaser's responsibility to verify that he/she has the most current information.

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