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NORTHLAKE MANOR CONDOMINIUMS 3593 Woodbriar Cir 47 Unit Apartment Building $6,525,000 ($138,830/Unit) 7.18% Cap Rate Tucker, GA 30084

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INVESTMENT HIGHLIGHTS

  • 47-Units, Built in 1975
  • Average Unit: 983 SF
  • Current Avg Rents: $1,330 | Market Avg Rents: $1,414
  • Gross Building Square Footage of 46,213
  • Consists of: (12) One Bedroom/One Bathrooms (17) Two Bedrooms/Two Bathrooms, and (18) Three Bedrooms/Two Bathrooms
  • Lot Size: 5.34 Acres

EXECUTIVE SUMMARY

Bill Pedersen
License No. 80041 (GA)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

PROPERTY FACTS

Price $6,525,000
Price Per Unit $138,830
Sale Type Investment
Cap Rate 7.18%
Gross Rent Multiplier 7.71
No. Units 47
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 1.91 AC
Building Size 46,213 SF
No. Stories 2
Year Built 1975
Zoning C1 - Central Business District
Parcel Numbers
Multiple
  • 18-187-07-034
  • 18-187-07-033

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Dishwasher
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Patio

SITE AMENITIES

  • 24 Hour Access
  • Tenant Controlled HVAC
  • Walk-Up
  • Smoke Detector
  • Listing ID: 33644649

  • Date on Market: 10/25/2024

  • Last Updated:

  • Address: 3593 Woodbriar Cir, Tucker, GA 30084

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