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Utoy Springs 1200 Utoy Springs Rd 34 Unit Apartment Building $5,184,112 CAD ($152,474 CAD/Unit) 5.08% Cap Rate Atlanta, GA 30331
Investment Highlights
- Located in the established Cascade Heights neighborhood
- Convenient access to employment, retail, and services
- Close to main shopping corridors
- Strong proximity to retail and daily-needs amenities
- Across the street from Starbucks and Publix
- Approximately 10 minutes from Downtown Atlanta / City Hall
Executive Summary
The property at 1200 Utoy Springs Road, Atlanta, GA 30331 is being offered for sale at $3,800,000 and consists of a 34-unit multifamily community. The asset currently generates an approximate NOI of $193,000 and presents an opportunity for investors seeking stabilized cash flow in a well-located Atlanta submarket.
Property Facts
| Price | $5,184,112 CAD | Apartment Style | Garden |
| Price Per Unit | $152,474 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 2.30 AC |
| Cap Rate | 5.08% | Building Size | 28,600 SF |
| No. Units | 34 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1965 |
| Property Subtype | Apartment | ||
| Zoning | C1 - Commercial Multifamily | ||
| Price | $5,184,112 CAD |
| Price Per Unit | $152,474 CAD |
| Sale Type | Investment |
| Cap Rate | 5.08% |
| No. Units | 34 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.30 AC |
| Building Size | 28,600 SF |
| No. Stories | 2 |
| Year Built | 1965 |
| Zoning | C1 - Commercial Multifamily |
Amenities
Unit Amenities
- Yard
Site Amenities
- Laundry Facilities
- Laundry Service
- Maintenance on site
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 19 | - | - |
| 2+1 | 15 | - | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 14F-0010-LL-042-6 | Improvements Assessment | $986,564 CAD |
| Land Assessment | $255,113 CAD | Total Assessment | $1,241,677 CAD |
Property Taxes
Parcel Number
14F-0010-LL-042-6
Land Assessment
$255,113 CAD
Improvements Assessment
$986,564 CAD
Total Assessment
$1,241,677 CAD
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Presented by
Pendulum Capital
Utoy Springs | 1200 Utoy Springs Rd
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