GROSS RENT: $41,300 ANNUALLY
TAXES: $3,404 (2007)
All units individually metered so tenants pay for utilities.
Desirable 2BR/2BA floor plans with upside in rents.
Average Occupancy for rental property in the area is over 90%.
Currently 100% occupied providing a dependable income stream from day 1 of ownership.
Another positive for a new owner is that this property is eligible for residential financing, requiring only a 10% downpayment as opposed to 20% for traditional commercial loans, making it a great opportunity for a first time investor or an excellent addition to an existing real estate portfolio.
Close proximity to Fair Oaks Park, Southern Polytechnic University and Dobbins Air Force Base.
Immediate access to Powder Springs Street, downtown Marietta, hospitals and Austell Road.
CALL Roger Daniels (770) 953-0806 .
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