8537 Pineland Dr | Jonesboro, GA 30238
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- LoopNet Team
8537 Pineland Dr
Jonesboro, GA 30238
8537 Pineland Drive · Multifamily Property For Sale
·
4 Units
INVESTMENT HIGHLIGHTS
- This fully renovated quadruplex provides a prime investment opportunity, with strong cash flow and professional management in place.
- Property is fully leased, generating a projected annual gross income of $69,840 with estimated expenses at 16% of total gross income.
- All the units are two bedroom/two bathrooms, with plank flooring, modern appliances, and great natural lighting.
- The accessible location is near Highway 41 & 85 and is less than 30 mins to Hartsfield-Jackson Airport and less than 45 mins from Downtown Atlanta.
PROPERTY FACTS
| No. Units | 4 | Building Size | 4,520 SF |
| Property Type | Multifamily | Average Occupancy | 75% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1986 |
| Building Class | C | Parking Ratio | 1.99/1,000 SF |
| Lot Size | 0.72 AC | ||
| Zoning | RM - Residential Multifamily | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.72 AC |
| Building Size | 4,520 SF |
| Average Occupancy | 75% |
| No. Stories | 2 |
| Year Built | 1986 |
| Parking Ratio | 1.99/1,000 SF |
| Zoning | RM - Residential Multifamily |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Ceiling Fans
- Deck
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1.5 | 4 | $1,445 | - |
PROPERTY TAXES
| Parcel Number | 13-0244B-00F-001 | Improvements Assessment | $188,520 |
| Land Assessment | $8,000 | Total Assessment | $196,520 |
PROPERTY TAXES
Parcel Number
13-0244B-00F-001
Land Assessment
$8,000
Improvements Assessment
$188,520
Total Assessment
$196,520
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