Apartment Buildings /GA /Clayton County /Jonesboro /8373 Thomas Rd
Apartment Buildings /GA /Clayton County /Jonesboro /8373 Thomas Rd

8373 Thomas Rd - Apartments FOR SALE


Jonesboro, GA 30238 | 
$2,665,000 USD
404-445-1090
8373 Thomas Rd, Jonesboro, GA for Sale
$2,665,000 USD
Apartments - FOR SALE
1/3
null | 6.71% Cap Rate
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8373 Thomas Rd
Jonesboro, GA 30238

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HIGHLIGHTS

  • 16 Units, Built in 2001
  • Gross Building Square Footage of ± 19,200 SF
  • Average Unit: ± 1,200 SF
  • Current Occupancy: 87.5%
  • Current Avg Rent: $1,467 | Market Avg Rents: $1,600
  • Current Tax-Adjusted Cash-on-Cash Return: 6.19%

OVERVIEW

Broker of Record Bill Pedersen License # 80041 (GA) Matthews Real Estate Investment Services 1600 West End, Ste. 1500 Nashville, TN 37203 (866) 889-0550

FOR SALE DETAILS

PRICE

$2,665,000 USD

PRICE/SF

$145 USD /SF

# OF UNITS

16

PRICE/UNIT

$166,563

CAP RATE

6.71%

% LEASED

88%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Villas At THomas Road

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2001

PARKING SPACES

32

LAND DETAILS

LAND ACRES

1.96 AC

LAND SF

85,378 SF

ZONING

C

APN/PARCEL ID

13-0247C-00A-005

ASK ABOUT THIS PROPERTY

Connor KernsMatthews Real Estate Investment ServicesMore Info
404-445-1090

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Connor KernsMatthews Real Estate Investment ServicesMore Info
404-445-1090

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