Utoy Springs PRICE REDUCTION 1200 Utoy Springs Rd Immeuble residentiel 34 lots 2 628 659 € (77 314 €/Lot) Taux de capitalisation 7,76 % Atlanta, GA 30331

The property at 1200 Utoy Springs Road, Atlanta, GA 30331 is being offered for sale at $2,999,999 and consists of a 34-unit multifamily community. The asset currently generates an approximate NOI of $232,936 and presents an opportunity for investors seeking stabilized cash flow in a well-located Atlanta submarket. Definitely added value, with seller financing structure that makes this property work. This new property owner can find an immediate increase NOI, with this 5 building multifamily building. The secret sauce is a value-add multifamily with immediate forced appreciation. This represents a 4.2 to 5 million valuation in a short time with just small tweaks. A new buyer or group, can't loose with this large 5 unit complex, and great addition to any portfolio. Increase you net worth in 6 months! Note: Property has 2 high output BTU's gas water heater, new roof on 4 of the 5 buildings, replaced all in-ground plumbing with copper pipe, new gutters thru-out each building, and a upgraded electric panels, also property has washer/dryers availability at the new owners expense.