Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Classifieds
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 11 years ago,

User Stats

64
Posts
3
Votes
Wes Love
  • Investor
  • Atlanta, GA
3
Votes |
64
Posts

Three 100% Occupied Apartment Buildings in 30314 City of Atlanta.....26.9% Returns!

Wes Love
  • Investor
  • Atlanta, GA
Posted

I work for a property acquisitions company here in Atlanta called Networth Realty. I am a licensed real estate agent but I am not seeking commissions. I work on a team of agents and we only have our licenses to get homes under contract to sell to investors. We specialize in providing distressed properties to local investors at deep discounts to renovate and resell. We have an unsurpassed level of market knowledge, contacts in the industry, and exceptional wholesale opportunities. We know exactly what our investors need to build a strong portfolio and we strive to bring only the best deals to the table.

Three 100% Occupied Apartment Buildings

Atlanta, GA 30314
Rents: $3,200/mo (8 Units, 2/1's @ $400/mo)
Expenses Estimated - $480/mo - water
$250/mo - Landscaping
$32.58/mo - Taxes
Buy: $100,000

Atlanta, GA 30314
Rents: $3,200/mo (8 Units, 2/1's @ $400/mo)
Expenses Estimated - $480/mo - water
$250/mo - Landscaping
$112.58/mo - Taxes
Buy: $100,000

Atlanta, GA 30314
Rents: $3,200/mo (8 Units, 2/1's @ $400/mo)
Expenses Estimated - $480/mo - water
$250/mo - Landscaping
$32.58/mo - Taxes
Buy: $100,000

Estimated Cash on Cash:
Income: $115,200
Expenses: $28,413 - $17,280(water), $9,000(Land), $2,133(taxes)
Closing Costs: $6,000
Return: 26.9%

Will give a discount for buying all three but you can buy just one. If this interests you please give me a call or shoot me an email and we can sit down and go over all the specifics.

Loading replies...