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Browse More Listings in Multifamily For Sale, Sparks, GA or Georgia

Multifamily Property For Sale

401 Colquitt Street

401 Colquitt Street, Sparks, GA 31647

Price:
$1,249,000
No. Units:
2
Building Size:
21,600 SF
Price/Unit:
$624,500
Property Type:
Multifamily
Property Sub-type:
Duplex/ Triplex/ Fourplex
Property Use Type:
Investment
Commission Split:
3.6%
Cap Rate:
10.24%
Occupancy:
70%
Lot Size:
2.43 AC
Find Out More...

Last Verified 11/16/2009 Listing ID 15979001

Description

7 duplexes and 1 fourplex, total of 18 individual units, all built in 2008 well thought out floor plan and maintenance features. Just finishing last 8 units. When completely rented will bring in $11,500 per month. Addition acreage included in sale to build another 8 units on. Plans complete-water and sewer already stubbed out. Total NOI is 127,948.07

I-75 to Sparks GA go East towards town. Duplexes will be 500 yards down on the right.

Financial Summary

Actual
Net Operating Income
$137,390

Map of 401 Colquitt Street, Sparks, GA 31647 (Cook County)

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Created 11/7/2008

Additional Information for 401 W Colquitt Street, Sparks, GA 31647

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 0 RecentSales Record

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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Multifamily Property For Sale -

401 Colquitt Street, Sparks, GA, 31647