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Booker T Road Apartments Booker T Road 6 Unit Apartment Building $322,900 ($53,817/Unit) 13.69% Cap Rate Reynolds, GA 31076
INVESTMENT HIGHLIGHTS
- Fully leased 6-unit multifamily investment
- All units renovated within the past year
- 5-acre tract with commercial development upside
- Strong 13.4% cap rate with long-term tenants
- Spacious 3-bedroom, 2-bathroom layouts
EXECUTIVE SUMMARY
This fully occupied 6-unit apartment complex presents a compelling investment opportunity with a strong 13.4% cap rate and proven tenant stability. Each unit features a spacious 3-bedroom, 2-bath layout, and all have undergone recent renovations within the past year, ensuring modern finishes and reduced capital expenditure for the buyer. The property sits on a generous 5-acre tract, offering significant upside through commercial value-add potential—ideal for investors seeking both immediate cash flow and long-term development options.
The asset benefits from a stable tenant base, with long-term residents contributing to consistent income and minimal turnover. Its location, while not specified in the flyer, is likely supported by regional demand for multifamily housing, and the acreage provides flexibility for future expansion or mixed-use development. With all units updated and fully leased, this property is positioned as a turnkey investment with room to grow.
The asset benefits from a stable tenant base, with long-term residents contributing to consistent income and minimal turnover. Its location, while not specified in the flyer, is likely supported by regional demand for multifamily housing, and the acreage provides flexibility for future expansion or mixed-use development. With all units updated and fully leased, this property is positioned as a turnkey investment with room to grow.
PROPERTY FACTS
| Price | $322,900 | Property Subtype | Apartment |
| Price Per Unit | $53,817 | Building Class | C |
| Sale Type | Investment | Lot Size | 5.00 AC |
| Cap Rate | 13.69% | Building Size | 8,136 SF |
| Gross Rent Multiplier | 6.29 | No. Stories | 1 |
| No. Units | 6 | Year Built/Renovated | 1995/2024 |
| Property Type | Multifamily | ||
| Zoning | C-4 Commercial - Commercial | ||
| Price | $322,900 |
| Price Per Unit | $53,817 |
| Sale Type | Investment |
| Cap Rate | 13.69% |
| Gross Rent Multiplier | 6.29 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 5.00 AC |
| Building Size | 8,136 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1995/2024 |
| Zoning | C-4 Commercial - Commercial |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Microwave
- Eat-in Kitchen
- Kitchen
- High Speed Internet Access
- Refrigerator
- Range
- Vinyl Flooring
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2 | 6 | $700.00 | 1,056 |
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PROPERTY TAXES
| Parcel Number | 086-067 | Improvements Assessment | $158,624 |
| Land Assessment | $8,760 | Total Assessment | $167,384 |
PROPERTY TAXES
Parcel Number
086-067
Land Assessment
$8,760
Improvements Assessment
$158,624
Total Assessment
$167,384
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Booker T Road Apartments | Booker T Road
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