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Updated about 10 years ago on . Most recent reply

User Stats

1,623
Posts
192
Votes
Simmy Ahluwalia
  • Lender
  • Atlanta, GA
192
Votes |
1,623
Posts

Metro Atlanta, GA: OFF-MARKET 12-Unit Townhome Complex, 100% Occ

Simmy Ahluwalia
  • Lender
  • Atlanta, GA
Posted

This is NOT listed yet, but will be within a week (Northern Suburb of ATL)

Avg rent of $780

Two Separate Buildings with 6 units each - 4 sided brick

6 tenants in each building - 100% occupied

2/1.5

Gross rents: $112,740

Taxes: $3,600 (est.)

Insurance: $1,300

HOA: $3,300

Selling at 9 CAP - $929,000

LL pays water/sewer

Factor in capex, vacancy and mgt

Built in 1977

Family Owned for 9 years

SERIOUS INVESTOR INTEREST - Please Email Me!

  • Simmy Ahluwalia
  • Offering

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