Log In/Sign Up
Your email has been sent.
170 Oxbo Rd - SoCo Heights 3 Unit Apartment Building Offered at $3,300,000 at a 4.91% Cap Rate Roswell, GA 30075



INVESTMENT HIGHLIGHTS
- Investor’s opportunity to own unique TH Complex in Downtown Roswell that consists 3 units (Total 12 bedrooms and 12 bathrooms)
- 100% occupied by tenants with exceptional tenant's demand
- City of Roswell is planning construction of new retail/restaurant hub in walking distance
- Complex can be sold as an entire building or each unit separately
- Contemporary Italian Style Open Floor Plan
- Market prices are expected to soar further after that construction will be completed
EXECUTIVE SUMMARY
Exclusive opportunity to purchase a newly constructed TH complex with 3 units w/luxury open floor plans in the heart of Roswell. Well-designed open concept allows sunlight from windows to permeate throughout the entire floor. This open concept increases family time & conversations, promotes bonding, allows parents to keep an eye on their kids while they do household duties & allows you to simultaneously entertain family & friends while cooking/serving. This home is a truly unique combination of urban living & nature w/water views in the front & magnificent quartz stone formations in the back It has direct access to beautiful Nature Trails & is walking distance to Historic Roswell’s shops & restaurants. This home boasts floor to ceiling windows, wide, stunning see-thru staircases, beautiful hardwoods, modern bathrooms w/latest design trends, Chef’s Kitchen w/top of the line appliances & large family room w/distinct FP & access to large concrete patio. Additionally, the 12’-14’ ceilings on each level & large square footage make each living space exceptionally airy & spacious. The entire home is a model of architectural perfection and function which allows the owner to conveniently work from home from office/living space on the first level, entertain on the main level & enjoy his/her private living quarters w/oversized bedrooms & spacious master suite on the upper one. Home also offers a ductless high efficiency HVAC & instant hot water systems as well as spray insulated exterior walls which help save money on energy bills. Tandem car garage has electrical charging station & bike storage. All construction materials are finest grade & with offered lowest price per SF in Roswell area, growth popularity of open concept FP, sale prices are expected to soar in coming years!!!
FINANCIAL SUMMARY (ACTUAL - 2021) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$240,000
|
$15.96
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$240,000
|
$15.96
|
| Taxes |
$21,172
|
$1.41
|
| Operating Expenses |
$2,500
|
$0.17
|
| Total Expenses |
$23,672
|
$1.57
|
| Net Operating Income |
$216,328
|
$14.38
|
FINANCIAL SUMMARY (ACTUAL - 2021)
| Gross Rental Income | |
|---|---|
| Annual | $240,000 |
| Annual Per SF | $15.96 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $240,000 |
| Annual Per SF | $15.96 |
| Taxes | |
|---|---|
| Annual | $21,172 |
| Annual Per SF | $1.41 |
| Operating Expenses | |
|---|---|
| Annual | $2,500 |
| Annual Per SF | $0.17 |
| Total Expenses | |
|---|---|
| Annual | $23,672 |
| Annual Per SF | $1.57 |
| Net Operating Income | |
|---|---|
| Annual | $216,328 |
| Annual Per SF | $14.38 |
PROPERTY FACTS
| Price | $3,300,000 | Building Class | B |
| Price Per Unit | $1,100,000 | Lot Size | 0.09 AC |
| Sale Type | Investment | Building Size | 15,040 SF |
| Cap Rate | 4.91% | Average Occupancy | 100% |
| No. Units | 3 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 2020 |
| Apartment Style | Townhome | ||
| Zoning | residentail - Zoned as townhouses | ||
| Price | $3,300,000 |
| Price Per Unit | $1,100,000 |
| Sale Type | Investment |
| Cap Rate | 4.91% |
| No. Units | 3 |
| Property Type | Multifamily |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 0.09 AC |
| Building Size | 15,040 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 2020 |
| Zoning | residentail - Zoned as townhouses |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Disposal
- Fireplace
- Heating
- Ceiling Fans
- Double Vanities
- Eat-in Kitchen
- Kitchen
- Granite Countertops
- Hardwood Floors
- High Speed Internet Access
- Range
- Surround Sound
- Views
- Walk-In Closets
- Built-In Bookshelves
- Double Pane Windows
- Family Room
- Framed Mirrors
- Freezer
- Handrails
- Instant Hot Water
- Island Kitchen
- Patio
- Skylights
- Wet Bar
SITE AMENITIES
- Fenced Lot
- Waterfront
- Trash Pickup - Curbside
- Walking/Biking Trails
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 4+4 | 3 | $5,000 | 3,760 |
1 1
1 of 12
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
170 Oxbo Rd - SoCo Heights
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
