Cobb selling surplus county property

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Cobb County has bought four surplus houses for a complete of $1.6 million and is seeking to sell off more so one can keep the money.

The properties on the market consist of an unmarried own family brick domestic on Austell Road in South Cobb; a little less than an acre of undeveloped land on Atlanta Road close to Smyrna; and a former senior daycare facility on South Fairground Street.

Three other residences, consisting of a former fireplace station on Austell Road in south Cobb, an undeveloped plot on Lee Industrial Boulevard, and a house on Waddell Street in Marietta have either been leased or are involved in real estate transactions and exempt from open document laws, in line with a county spokesperson.

Selling Property

County Chairman Mike Boyce said promoting surplus property has been a priority of his given that taking workplace. Still, he said the system for selling public assets could be extra complex than personal income. The county first advertises the plot as surplus; then, if there’s a hobby, it hires a third party to appraise it. Then the assets are placed out for bid.

“If any individual got here and stated. ‘Here’s $5 million for belongings A,’ I can’t simply promote it to him,” stated Boyce, adding that this has caused frustration amongst some might-be customers. “There is a value for the open and obvious government.”

The following properties have already been offered as surplus:

  • 1200 Barrett Parkway – $1,1/2,000;
  • 1678-1680 Atlanta Road – $224,350;
  • A property on Powers Ferry Road – $288,000;
  • Several parcels on Mableton Town Square – $ fifty-two,415.

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