122 Prospect Place

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122 Prospect Place

Alpharetta, GA 30005
Asking Price
$275K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building available for purchase in Alpharetta
  • Property located at 122 Prospect Place in Georgia
  • Asking price for this residential asset is 275000 dollars
  • Asset situated within the growing North Fulton business corridor
  • The 30005 ZIP code offers access to regional infrastructure

What's Special

This multifamily apartment building at 122 Prospect Place represents a capital investment in Alpharetta, Georgia. The property sits within a key suburban corridor of the Atlanta metropolitan area, a region characterized by consistent corporate growth and a diverse workforce. Investors and business buyers often target this area for its access to major transit routes and proximity to regional employment hubs. The asset type allows for stable residential utility, providing a straightforward acquisition for those looking to expand their real estate holdings in a high-demand market. With its position in the 30005 ZIP code, the building benefits from the broader economic activity defining Northern Fulton County.

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NOI
$80,000
Cap Rate
29.09%
DSCR
4.90
Strong
Cash-on-Cash
77.18%
Monthly Payment
$1,360.55
Annual Cash Flow
$63,673.401

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