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Euclid Flats 1322 Euclid Ave NE 9 Unit Apartment Building $2,000,000 ($222,222/Unit) 6% Cap Rate Atlanta, GA 30307
Financial Summary (Actual - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$172,500
|
$19.43
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$172,500
|
$19.43
|
| Taxes |
$29,448
|
$3.32
|
| Operating Expenses |
$26,784
|
$3.02
|
| Total Expenses |
$56,232
|
$6.33
|
| Net Operating Income |
$116,268
|
$13.10
|
Financial Summary (Actual - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $172,500 |
| Annual Per SF | $19.43 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $172,500 |
| Annual Per SF | $19.43 |
| Taxes | |
|---|---|
| Annual | $29,448 |
| Annual Per SF | $3.32 |
| Operating Expenses | |
|---|---|
| Annual | $26,784 |
| Annual Per SF | $3.02 |
| Total Expenses | |
|---|---|
| Annual | $56,232 |
| Annual Per SF | $6.33 |
| Net Operating Income | |
|---|---|
| Annual | $116,268 |
| Annual Per SF | $13.10 |
Property Facts
| Price | $2,000,000 | Building Class | C |
| Price Per Unit | $222,222 | Lot Size | 0.61 AC |
| Sale Type | Investment | Building Size | 8,878 SF |
| Cap Rate | 6% | Average Occupancy | 100% |
| No. Units | 9 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1958 |
| Property Subtype | Apartment | Parking Ratio | 3.38/1,000 SF |
| Apartment Style | Low-Rise | Parcel Number | 15-240-07-058 |
| Zoning | RM100, Atlanta - Residential | ||
| Price | $2,000,000 |
| Price Per Unit | $222,222 |
| Sale Type | Investment |
| Cap Rate | 6% |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.61 AC |
| Building Size | 8,878 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1958 |
| Parking Ratio | 3.38/1,000 SF |
| Zoning | RM100, Atlanta - Residential |
| Parcel Number | 15-240-07-058 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 9 | - | - |
1 1
Walk Score®
Very Walkable (79)
Bike Score®
Very Bikeable (75)
1 of 5
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Presented by
Harbor Haven Realty
Euclid Flats | 1322 Euclid Ave NE
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