This Multifamily Property is no longer advertised on LoopNet.com.

8373 Thomas Rd
Jonesboro, GA 30238
Villas At THomas Road · Multifamily Property For Sale · 16 Units

Investment Highlights

  • 16 Units, Built in 2001
  • Average Unit: ± 1,200 SF
  • Current Avg Rent: $1,467 | Market Avg Rents: $1,600
  • Gross Building Square Footage of ± 19,200 SF
  • Current Occupancy: 100%
  • Current Tax-Adjusted Cash-on-Cash Return: 6.19%

Property Facts

No. Units 16
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class B
Lot Size 1.96 AC
Building Size 19,200 SF
Average Occupancy 100%
No. Stories 2
Year Built 2001
Parking Ratio 1.67/1,000 SF
Zoning C - Commercial - Residential property

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Dishwasher
  • Microwave
  • Storage Space
  • Washer/Dryer Hookup
  • Heating
  • Ceiling Fans
  • Kitchen
  • Hardwood Floors
  • Oven
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Carpet
  • Deck
  • Double Pane Windows
  • Freezer
  • Patio

Site Amenities

  • Courtyard
  • Fenced Lot

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2 16 - 1,434

Property Taxes

Property Taxes

Parcel Number
13-0247C-00A-005
Land Assessment
$39,200
Improvements Assessment
$14,880
Total Assessment
$54,080
  • Listing ID: 37693117

  • Date on Market: 9/16/2025

  • Last Updated:

  • Address: 8373 Thomas Rd, Jonesboro, GA 30238

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}