Log In/Sign Up
Your email has been sent.
Villas At THomas Road 8373 Thomas Rd 16 Unit Apartment Building $3,642,895 CAD ($227,681 CAD/Unit) 6.71% Cap Rate Jonesboro, GA 30238



Investment Highlights
- 16 Units, Built in 2001
- Average Unit: ± 1,200 SF
- Current Avg Rent: $1,467 | Market Avg Rents: $1,600
- Gross Building Square Footage of ± 19,200 SF
- Current Occupancy: 100%
- Current Tax-Adjusted Cash-on-Cash Return: 6.19%
Executive Summary
Broker of Record
Maxx Bauman
License No. 451849 (GA)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Maxx Bauman
License No. 451849 (GA)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Property Facts
| Price | $3,642,895 CAD | Apartment Style | Garden |
| Price Per Unit | $227,681 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 1.96 AC |
| Cap Rate | 6.71% | Building Size | 19,200 SF |
| Gross Rent Multiplier | 9 | Average Occupancy | 100% |
| No. Units | 16 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2001 |
| Property Subtype | Apartment | Parking Ratio | 1.67/1,000 SF |
| Zoning | C - Commercial - Residential property | ||
| Price | $3,642,895 CAD |
| Price Per Unit | $227,681 CAD |
| Sale Type | Investment |
| Cap Rate | 6.71% |
| Gross Rent Multiplier | 9 |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 1.96 AC |
| Building Size | 19,200 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2001 |
| Parking Ratio | 1.67/1,000 SF |
| Zoning | C - Commercial - Residential property |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Microwave
- Storage Space
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Kitchen
- Hardwood Floors
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Walk-In Closets
- Carpet
- Deck
- Double Pane Windows
- Freezer
- Patio
Site Amenities
- Courtyard
- Fenced Lot
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 16 | - | 1,434 |
1 1
Property Taxes
| Parcel Number | 13-0247C-00A-005 | Improvements Assessment | $20,661 CAD |
| Land Assessment | $54,430 CAD | Total Assessment | $75,091 CAD |
Property Taxes
Parcel Number
13-0247C-00A-005
Land Assessment
$54,430 CAD
Improvements Assessment
$20,661 CAD
Total Assessment
$75,091 CAD
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Villas At THomas Road | 8373 Thomas Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.
