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676 NE Linwood Ave 12 Unit Apartment Building $2,478,402 CAD ($206,533 CAD/Unit) Atlanta, GA 30306
INVESTMENT HIGHLIGHTS
- Gross Building Square Footage of ±7,200 – 600 SF Avg.
- Current Average Rent: $1,195 | Market Average Rent: $1,558
- Individually Metered for Electricity
- Consists of (4) Studios and (8) One Bedroom/One Bathroom Units
- Market Stabilized Cap Rate: 8.95%
- Roof was replaced February 2020
EXECUTIVE SUMMARY
Broker of Record
Bill Pedersen
License # 80041 (GA)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
Bill Pedersen
License # 80041 (GA)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
PROPERTY FACTS
| Price | $2,478,402 CAD | Building Class | C |
| Price Per Unit | $206,533 CAD | Lot Size | 0.21 AC |
| Sale Type | Investment | Building Size | 7,200 SF |
| No. Units | 12 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1920 |
| Apartment Style | Low-Rise | Parking Ratio | 0.83/1,000 SF |
| Price | $2,478,402 CAD |
| Price Per Unit | $206,533 CAD |
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 7,200 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1920 |
| Parking Ratio | 0.83/1,000 SF |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Microwave
- Security System
- Refrigerator
- Oven
SITE AMENITIES
- 24 Hour Access
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Wi-Fi
- Walk-Up
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 8 | - | 500 |
| 1+1 | 8 | - | 600 - 650 |
1 1
Walk Score®
Very Walkable (83)
PROPERTY TAXES
| Parcel Number | 14-0016-0010-011-8 | Improvements Assessment | $1,198,503 CAD |
| Land Assessment | $270,912 CAD | Total Assessment | $1,469,415 CAD |
PROPERTY TAXES
Parcel Number
14-0016-0010-011-8
Land Assessment
$270,912 CAD
Improvements Assessment
$1,198,503 CAD
Total Assessment
$1,469,415 CAD
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676 NE Linwood Ave
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