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Home For Sale Georgia powder springs 4511
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Apartment Building For Sale By Owner

4481 cemetery street




4481 cemetery street, powder springs, Georgia 30127 United States
Description

This is a four sided brick, 1 story apartment building. It has 4-1 bedroom/1 bath, 1-2 bedroom/1 bath, and 1 studio apartment. It is all electric. It is in a quiet, low crime complex of 15+ similar buildings and contains the only sign allowed in the complex. I use this sign to funnel tenants to all of my properties and never have to advertise as I get from 4-12 inquiries weekly. It is in the historic Powder Springs district bordering the Silver Comet Trail. The building is 100% occupied with older, stable tenants-50% have been living there for at least 4 years.

Business included in Sale? No

Price: $299,000
Property Sub-Type: Apartment Building
Cap Rate: 12 %
Gross Rent Multplier: 10
Total Building Size: 3456 SF
Total Lot Size : 21780 SF
Year Built : 1965
No of Stories: 1
Occupancy: 100 %
Listing ID: 4511

Map of: 4481 cemetery street, powder springs, Georgia 30127 United States

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