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Atlanta Georgia Investment Grade Asset

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Note: Streetview imaging of the asset is provided as a courtesy to gauge the immediate neighborhood & property location. The streetview imaging is based on actual property address, however always rely on actual photos and property inspection. This property is currently in the final stages of rehab and tenant placement.  Actual photo’s being updated.  Questions about this property

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Property Address: 110 Glenview Dr Griffin, GA 30224                                             Price: $93,206

 

Year of Construction: 2005                                                                                             Square Footage: 1,509

 

Monthly Rental Income: $1100                                                                                      Gross Annual Income: $13,200

 

Net Operating Income: $7920

NOI & CAP calculation’s based on 40% operating expense aggregate. ( actual’s below) Note: To customize you or your firms operating expense guidelines for future asset offerings please Click Here to update market variables & assumptions

Residential Market Specific Assumptions

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Cap Rate: 8.4%

 

 

Overview

The Property has been completely refurbished to a high standard and is currently being tenanted.

Address: 110 Glenview Dr
City: Griffin
State: GA
ZIP: 30224
Year Built: 2005
Lot Size:
Rent Amount: $1100 monthly
Option Price: $150000
Square Feet: 1509
Bedrooms: 4
Bathrooms: 3
Basement:
Previous Sale Price: $$125900
Occupied: no
Annual Rent: $13200
Property Management (10%): $1320
Annual Taxes: $1200
Annual Insurance: $404
Annual HOA: unknown
Previous Sale Date: 06-23-2009