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Investment Highlights

  • All units have submeters for water
  • Versatile and Income-producing property
  • It's very convenient to I-20 expressway, within walking distance of restaurants, grocery stores, shopping and much more.

Executive Summary

6848 is being renovated currently with new flooring. can be owner occupied or rented out. Ideal building mix (1) 3BR/2BA. (2) 3BR/SBA, (3) 2BR/2BA

Financial Summary (Actual - 2025) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $650,000
Price Per SF $178.18
Sale Type Investment or Owner User
Cap Rate 6.27%
Property Type Specialty
Property Subtype
Residential Income
  • Multifamily Apartments
Building Class C
Lot Size 0.88 AC
Building Size 3,648 SF
No. Stories 2
Year Built 2008
Zoning DCD
Fairly walkable
40/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 0013-01-5-A-00011
  • 0013-01-5-A-00009
  • 0013-01-5-A-00010
Land Assessment
$51,000
Improvements Assessment
$170,440
Total Assessment
$221,440
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025 Payable 2025
  • Listing ID: 39903550

  • Date on Market: 3/25/2026

  • Last Updated:

  • Address: 6846 S Lakewood Ter, Douglasville, GA 30135

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