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170 Oxbo Rd - SoCo Heights 3 Unit Apartment Building Offered at $4,606,536 CAD at a 4.91% Cap Rate Roswell, GA 30075

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INVESTMENT HIGHLIGHTS

  • Investor’s opportunity to own unique TH Complex in Downtown Roswell that consists 3 units (Total 12 bedrooms and 12 bathrooms)
  • 100% occupied by tenants with exceptional tenant's demand
  • City of Roswell is planning construction of new retail/restaurant hub in walking distance
  • Complex can be sold as an entire building or each unit separately
  • Contemporary Italian Style Open Floor Plan
  • Market prices are expected to soar further after that construction will be completed

EXECUTIVE SUMMARY

Exclusive opportunity to purchase a newly constructed TH complex with 3 units w/luxury open floor plans in the heart of Roswell. Well-designed open concept allows sunlight from windows to permeate throughout the entire floor. This open concept increases family time & conversations, promotes bonding, allows parents to keep an eye on their kids while they do household duties & allows you to simultaneously entertain family & friends while cooking/serving. This home is a truly unique combination of urban living & nature w/water views in the front & magnificent quartz stone formations in the back It has direct access to beautiful Nature Trails & is walking distance to Historic Roswell’s shops & restaurants. This home boasts floor to ceiling windows, wide, stunning see-thru staircases, beautiful hardwoods, modern bathrooms w/latest design trends, Chef’s Kitchen w/top of the line appliances & large family room w/distinct FP & access to large concrete patio. Additionally, the 12’-14’ ceilings on each level & large square footage make each living space exceptionally airy & spacious. The entire home is a model of architectural perfection and function which allows the owner to conveniently work from home from office/living space on the first level, entertain on the main level & enjoy his/her private living quarters w/oversized bedrooms & spacious master suite on the upper one. Home also offers a ductless high efficiency HVAC & instant hot water systems as well as spray insulated exterior walls which help save money on energy bills. Tandem car garage has electrical charging station & bike storage. All construction materials are finest grade & with offered lowest price per SF in Roswell area, growth popularity of open concept FP, sale prices are expected to soar in coming years!!!

FINANCIAL SUMMARY (ACTUAL - 2021)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $335,021 $22.28
Other Income - -
Vacancy Loss - -
Effective Gross Income $335,021 $22.28
Taxes $29,554 $1.97
Operating Expenses $3,490 $0.23
Total Expenses $33,044 $2.20
Net Operating Income $301,977 $20.08

FINANCIAL SUMMARY (ACTUAL - 2021)

Gross Rental Income (CAD)
Annual $335,021
Annual Per SF $22.28
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $335,021
Annual Per SF $22.28
Taxes (CAD)
Annual $29,554
Annual Per SF $1.97
Operating Expenses (CAD)
Annual $3,490
Annual Per SF $0.23
Total Expenses (CAD)
Annual $33,044
Annual Per SF $2.20
Net Operating Income (CAD)
Annual $301,977
Annual Per SF $20.08

PROPERTY FACTS

Price $4,606,536 CAD
Price Per Unit $1,535,512 CAD
Sale Type Investment
Cap Rate 4.91%
No. Units 3
Property Type Multifamily
Apartment Style Townhome
Building Class B
Lot Size 0.09 AC
Building Size 15,040 SF
Average Occupancy 100%
No. Stories 3
Year Built 2020
Zoning residentail - Zoned as townhouses

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Dishwasher
  • Disposal
  • Fireplace
  • Heating
  • Ceiling Fans
  • Double Vanities
  • Eat-in Kitchen
  • Kitchen
  • Granite Countertops
  • Hardwood Floors
  • High Speed Internet Access
  • Range
  • Surround Sound
  • Views
  • Walk-In Closets
  • Built-In Bookshelves
  • Double Pane Windows
  • Family Room
  • Framed Mirrors
  • Freezer
  • Handrails
  • Instant Hot Water
  • Island Kitchen
  • Patio
  • Skylights
  • Wet Bar

SITE AMENITIES

  • Fenced Lot
  • Waterfront
  • Trash Pickup - Curbside
  • Walking/Biking Trails

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
4+4 3 $6,980 CAD 3,760
  • Listing ID: 27001171

  • Date on Market: 2022-10-29

  • Last Updated:

  • Address: 170 Oxbo Rd, Roswell, GA 30075

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