600-607 Little Bear Dr - Apartments FOR SALE
Palmetto, GA 30268 |
$3,960,000 USD
407-463-9752
600-607 Little Bear Dr
Palmetto, GA 30268
HIGHLIGHTS
- 18 fully renovated units and 11 partially renovated units that feature modern interior upgrades.
- In-unit LG washer and dryers.
- 27% remaining, proven rental upside.
- Renovated exteriors for improved curb appeal and functionality including new exterior painting, rebuilt stairs, and new front & back wooden decks.
- Over $400,000 invested into the property over the past 12 months on both interior and exterior renovations.
- A utility charge-back program on new leases to maximize other income including fees for pest control, trash services and washer & dryer equipment.
FOR SALE DETAILS
PRICE
$3,960,000 USD
PRICE/SF
$103 USD /SF
# OF UNITS
32
PRICE/UNIT
$123,750
CAP RATE
6.82%
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Carlton Ford Apartments
PROPERTY TYPE
Multi-Family
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1985
PARKING SPACES
54
LAND DETAILS
LAND ACRES
3.21 AC
LAND SF
139,828 SF
ZONING
-
APN/PARCEL ID
07-3202-0060-001-0,07-3202-0060-002-8,07-3202-0060-003-6,07-3202-0060-004-4,07-3202-0060-005-1,07-3202-0060-006-9,07-3202-0060-007-7,07-3202-0060-008-5
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407-463-9752
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407-463-9752
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