Property details
Georgia Value-Add New Multifamily, Southeast Region
Property Description
Georgia Value-Add New Multifamily
Townhomes.
Great Value-Add Opportunity With a Brand New 17 Town Home Portfolio Out of Which 6 Have Been Leased.
In a Subdivision of 94 Total Units all Built in the Last Few Years.
A Great Way to Diversify Your Portfolio in One of the Strongest Housing and Rental Markets in the United States.
Provides a Diversification Opportunity
Strong Demographics of +135,000 People Making an Average Household Income of $72,878 Within a 5-Mile Radius
The Local Population is Expected to Grow By 1.6% Annually Less Risk of Non-Renewal
Located Less Than 1-Mile From Retail and Restaurant Options
Located in the County School District
Close Proximity to I-75 For a Simple Drive Into Atlanta, GA
Average Sale Price of $300,000 / 3 Bed 2+ Bath / Average SF 1,858 / Property Was Built in 2021-2022
Provides Portfolio Great Diversification
Brand New 17 Units With 6 Units Already Leased Out
Images
Highlights
- Status:
- Available
- Price:
- $5,366,586
- Cap Rate:
- 7.75%
Property Information
- Property Type:
- Apartments
- Industry Type:
- Apartment - Multifamily
- Units/Spaces:
- 17
- Year Built:
- 2021
- Purchase Tenure:
- Fee Simple
Existing financing information
- N/A
The information contained herein contains confidential and/or privileged material. Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon, this information by persons or entities other than the intended recipient will be prohibited. The information contained herein has been obtained from sources believed to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about the accuracy or completeness of the information. As a buyer, it is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this property to you depends on factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. We have no knowledge of this offering other than the information received from Seller or their representatives. We are neither your agent or an agent for the seller. We will not participate in the negotiation of the purchase price or attend the showing of this property. As a buyer, you will be required to indemnify us and hold us harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this property.