Investment opportunity!
All 12 units are 100% occupied - currently renting for $1,000 to $1,100 but could be raised to $1,250.
Rents will be increasing on each unit to $1,150 starting April 1st, 2025.
All units are 2 BR, 1 BA. New roof and sewer.
Taxes are $5,000 - $6,000.
There is space to build self-storage units or laundry area.
Management fee 5%, cap rate of 7%
Property Features
Waterfront and Water Access
None
Cooling Information
Central Air
Heating Information
Baseboard
Water Features
Public
House Interior
Living Space Available
Utilities
None
Parking
Parking Lot
Basement
None
Listing Courtesy: Keller Williams North Atlanta - 770-663-7291