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Property Location

0 Cowan Road, Acworth GA 30101

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List Price $1,480,000

Units 1

Price / Unit $1,480,000

Est. Year 1 Cash Flow $-81,092 after debt service

0 Cowan Road Acworth, GA 30101

Data last updated: August 2, 2026 at 9:46 PM EST

ACTIVE

26 lots with LDP in hand. Price is for UNDEVELOPED lots. South side of Cowan Road. Can be fully developed for a fee. Luxury Townhome Development Opportunity in Downtown Acworth A rare chance to secure 26 premium townhome lots in the heart of Downtown Acworth. With the LDP already in hand, the owner will develop for a fee - an enormous advantage in a market where no new townhome inventory currently exists. The LDP took five years to complete and the city can confirm NO new applications are currently submitted or in process of approval. Positioned within walking distance of downtown Acworth's shops, restaurants, and year-round events, this site offers the lifestyle todays buyer's demand. This property sits directly adjacent to the Acworth Walking Trail System, providing seamless access to parks, greenspace, and the lake. A recent MAI appraisal confirms the strong underlying value, making this an exceptional opportunity for builders seeking a high-demand, low competition project in one of Cobb County's most desirable growth Corridors. Highlites: . 26 luxury townhome lots . Price is for raw land . Optionally, can be fully developed for a fee . LDP approved - development time significantly reduced . Zero competing inventory in City of Acworth . MAI appraisal supporting real market value . Walkable to downtown Acworth dining, retail, and entertainment . Adjacent to Acworth Walking Trails leading to parks and entertainment This can be a turnkey development opportunity in a thriving, walkable downtown district - perfect for builders looking to bring a luxury produce to a supply starved market.

Investment Notes — Acworth

Located in the Acworth, GA area
Value-add opportunities typically exist through management, renovations, or operational improvements
Rental demand and achievable rents vary significantly by submarket — local market verification is recommended
Actual cash flow depends on occupancy, expenses, financing, and current market conditions

Modeled from FMLS data + Atlanta metro baselines where listing data is incomplete

Price per Unit $1,480,000 Verified

 Est. Year 1 Cash Flow  $-81,092  after debt service (25% down / 7% / 30-yr)  Modeled   

Confidence scores included Latest FMLS data Transparent modeling

Starts from list price and unit count. No rent data in this listing — enter your own rent assumptions below. Override any value to model your own scenario.

Assumptions

Purchase Price List Price

Number of Units

Avg Rent / Unit / Month Enter your estimate

Annual Gross Potential Income Editable

Enter rent per unit or total GPI to model returns

Vacancy Rate Estimated

5.0%

Operating Expense Ratio Estimated

46%

Financing

Down Payment Default 25%

25%

Interest Rate Default 7%

Loan Term Years

30 yrs

Projected Returns

Gross Potential Income —

Effective Gross Income —

Operating Expenses —

Net Operating Income (NOI) —

Asking Cap Rate —

Price Per Unit —

Annual Debt Service —

Year 1 Cash Flow —

Cash-on-Cash Return —

Simplified estimates for Acworth. Actual results depend on real rents, expenses, financing terms, and local market conditions. Service view: Inquire for Details.

Why these numbers can differ from the Metrics Bar & Highlights above

The Metrics Bar and Highlights use the service’s numbers (actual MLS Gross / Opex / NOI / Cap Rate when available, otherwise modeled).
This calculator lets you change every assumption in real time. Once you move any slider or input, the results become your scenario, not the service estimate.
Vacancy, expense ratio, and financing terms here may be more or less aggressive than the service defaults.
Cash flow shown is before income taxes, capital expenditures, and any other non-operating items.

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Jeff’s Investment Take

Insufficient data for a modeled recommendation. Contact for the rent roll and actuals.

Important Investment Information

Actual MLS Cap Rate is used when present. Gross Income uses rent roll or MLS Gross Income when available, otherwise modeled. Operating expenses use an all-in ratio by property size. Cash-on-cash assumes 25% down, 7% interest, 30-year amortization. All figures are for screening only — verify with current rent roll and expenses.

Some figures shown on this page are estimated because complete rent-roll or operating data was not provided in the listing. Estimated values are clearly marked.

Any estimated or modeled figures represent the independent analysis of Jeff Crowe / Century 21 The Avenues and are not supplied by FMLS or the listing broker.

This website and its content are for informational and educational purposes only. Nothing on this site constitutes financial, investment, tax, or real estate advice. All information is deemed reliable but not guaranteed. You should always conduct your own thorough due diligence, verify all data independently, review the physical condition of the property, and consult with your own qualified attorney, accountant, and investment advisor before making any purchase decision.

MLS ID: 7777979 · Listing courtesy of Coldwell Banker Realty, Robert E Wiser · 770-429-0600

IDX Information Provided by Jeff Crowe · jeffcrowe@c21theavenues.com

FMLS · Updated Daily

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