$1,395,000

208 Doane 10 , Atlanta, GA 30315

 
Bedrooms:0 beds
Bathrooms:0 baths
(None specified):0 sqft
Lot:0.22
Year Built:1955
Listing Status:Active

Listing Agent

Stephan Dickie
http://www.atlantaleasing.com
Loan Amount:
Interest:
Term (Years):
Annual Tax:
Monthly Principal + Interest:$
Monthly tax: $
Total Payment:$

These amounts are estimates and do not take into consideration other expenses such as PMI, etc.. This is only an estimate.

Description

Atlanta Leasing & Investment is proud to present an outstanding opportunity to acquire a 10-unit property located just 5 minutes from Georgia State University and steps from the vibrant Summerhill neighborhood. This prime asset offers quick access to I-85, ensuring seamless connectivity to Downtown Atlanta. This property generates strong immediate cash flow, with recent rent increases by the current owner. Market rents in the area range from $1,400 to $1,800 per month, providing a solid income stream. Additionally, the property presents a value-add opportunity Co strategic unit updates upon turnover could further maximize rental income. The property underwent interior renovations estimated at $200KCo$300K and exterior renovations estimated at $100K between 2017 and 2018. Currently operating at approximately a 7% cap rate, the property has the potential to reach 8% at market rents, making it an attractive and dependable investment with strong potential for appreciation and increased tenant demand. This is a rare chance to secure a high-performing asset in a rapidly growing market with excellent upside potential.

Detailed Items

Other Information

208 Doane, Atlanta, GA, 30315 is a (none specified) listing of 0 sqft on a lot of 0.22. This (none specified) listing has 0 bedrooms, and 0 baths. The map for this location can be viewed on Google maps at Google maps to property208 Doane, Atlanta, GA
Copyright © 2025 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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