460 Hays Mill Rd | Carrollton, GA 30117
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460 Hays Mill Rd
Carrollton, GA 30117
South of Maple Apartments · Multifamily Property For Sale
·
208 Units
INVESTMENT HIGHLIGHTS
- SOMA (South of Maple Apartments) is a 1974-built property that was extensively renovated in 2016.
- Unit sizes are among the largest in the submarket and offers rare one-bedroom and four-bedrom floorplans
- At 208 units, SOMA is the largest market rate apartment complex in Carrollton
- All units offer a patio or balcony and washer/ dryer connections in select units
- Amenity package is “down” offering new owner additional upside
- Comparable properties on the street are achieving $1,275 for renovated 2BR units - Carrollton vacancy rate of 3.7% is among the lowest in the state
PROPERTY FACTS
| No. Units | 208 | Building Size | 194,160 SF |
| Property Type | Multifamily | Average Occupancy | 83% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1974/1992 |
| Building Class | C | Parking Ratio | 1.93/1,000 SF |
| Lot Size | 15.50 AC | ||
| Zoning | R2 | ||
| No. Units | 208 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 15.50 AC |
| Building Size | 194,160 SF |
| Average Occupancy | 83% |
| No. Stories | 2 |
| Year Built/Renovated | 1974/1992 |
| Parking Ratio | 1.93/1,000 SF |
| Zoning | R2 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Tile Floors
- Kitchen
- High Speed Internet Access
- Ice Maker
- Refrigerator
- Oven
- Range
- Tub/Shower
- Walk-In Closets
- Carpet
- Wi-Fi
- Handrails
- Trash Compactor
- Vinyl Flooring
- Warming Drawer
- Wheelchair Accessible (Rooms)
- Window Coverings
- Large Bedrooms
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Fitness Center
- Laundry Facilities
- Property Manager on Site
- Tenant Controlled HVAC
- Tennis Court
- Basketball Court
- Grill
- Renters Insurance Program
- Walking/Biking Trails
- Storage Space
- Hearing Impaired Accessible
- Maintenance on site
- Multi Use Room
- Online Services
- Vision Impaired Accessible
- Individual Locking Bedrooms
- Private Bathroom
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 40 | - | 550 |
| 1+1 | 40 | - | 700 |
| 2+1 | 86 | - | 900 |
| 3+2 | 40 | - | 1,500 |
| 4+2 | 2 | - | 2,240 |
PROPERTY TAXES
| Parcel Number | C07-0410002 | Improvements Assessment | $4,328,090 |
| Land Assessment | $136,500 | Total Assessment | $4,464,590 |
PROPERTY TAXES
Parcel Number
C07-0410002
Land Assessment
$136,500
Improvements Assessment
$4,328,090
Total Assessment
$4,464,590
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