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Booker T Road Apartments Booker T Road 6 Unit Apartment Building $450,743 CAD ($75,124 CAD/Unit) 13.69% Cap Rate Reynolds, GA 31076

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INVESTMENT HIGHLIGHTS

  • Fully leased 6-unit multifamily investment
  • All units renovated within the past year
  • 5-acre tract with commercial development upside
  • Strong 13.4% cap rate with long-term tenants
  • Spacious 3-bedroom, 2-bathroom layouts

EXECUTIVE SUMMARY

This fully occupied 6-unit apartment complex presents a compelling investment opportunity with a strong 13.4% cap rate and proven tenant stability. Each unit features a spacious 3-bedroom, 2-bath layout, and all have undergone recent renovations within the past year, ensuring modern finishes and reduced capital expenditure for the buyer. The property sits on a generous 5-acre tract, offering significant upside through commercial value-add potential—ideal for investors seeking both immediate cash flow and long-term development options.
The asset benefits from a stable tenant base, with long-term residents contributing to consistent income and minimal turnover. Its location, while not specified in the flyer, is likely supported by regional demand for multifamily housing, and the acreage provides flexibility for future expansion or mixed-use development. With all units updated and fully leased, this property is positioned as a turnkey investment with room to grow.

ATTACHMENTS

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PROPERTY FACTS

Price $450,743 CAD
Price Per Unit $75,124 CAD
Sale Type Investment
Cap Rate 13.69%
Gross Rent Multiplier 6.29
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 5.00 AC
Building Size 8,136 SF
No. Stories 1
Year Built/Renovated 1995/2024
Zoning C-4 Commercial - Commercial

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Cable Ready
  • Microwave
  • Eat-in Kitchen
  • Kitchen
  • High Speed Internet Access
  • Refrigerator
  • Range
  • Vinyl Flooring

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
3+2 6 $977.14 CAD 1,056

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
086-067
Land Assessment
$12,228 CAD
Improvements Assessment
$221,426 CAD
Total Assessment
$233,655 CAD
  • Listing ID: 38206028

  • Date on Market: 2025-10-24

  • Last Updated:

  • Address: Booker T Road, Reynolds, GA 31076

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