CASHFLOW INVESTMENT 35 UNITS / 315 BEDS 10%~ CAP

photo of Marion Webb
Marion Webb
REALTOR, Broker
101 Devant St, Suite 505
Fayetteville, GA 30214
Phone:
678-489-3489
Mobile:
770-572-4303
Pager:
678-632-4303
Marion Webb is the Managing Broker of Webb Solar Realty, LLC and provides services, consultation and educational opportunities to agents, buyers, sellers and relocators in real estate transactions - both residential and commercial.
5790
Highway 85 S, GA 30274
$14,900,000.00 listing calculator

Listing Description


Awesome cashflowing investment in high traffic area offered at approximately 10 cap with low vacancy rates and significant upside potential as rates were just increased. Strategically located near Hartsfield-Jackson Atlanta International Airport district and Marta bus routes. This multifamily community is designed as co-living shared space. For sale are 35 2-story townhomes with 31 being 9Br/9Ba and 4 being 9Br/4Ba , each about 2,880 ft with shared common area, kitchen, pay laundry room. The 315 guest bedrooms include high-speed wireless internet access, dish tv channels, a refrigerator, microwave, closet, chair, dresser and a full sized bed. All room inventory transfers as part of the sale. Guests pay daily or weekly. Full offering details made available with signed Confidentiality Agreement. Do not disturb or make inquiries of guests or onsite management team.

Property Map