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524 Vine Street
Athens, GA 30601
Asking Price
$2.25M
Cap Rate
7.12%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
7.12% cap, 100% occupied, 28 units plus bonus residence near UGA & downtown Athens <ul><li>28 Units, All 1BR/1BA</li><li>100% Occupied</li><li>$160,125 NOI</li><li>7.12% Cap Rate</li><li>1.49 Acres in East Athens</li><li>Additional 1,500 SF Residence On-Site</li></ul>
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NOI
$80,000
Cap Rate
3.56%
DSCR
0.60
Underwater
Cash-on-Cash
-7.94%
Monthly Payment
$11,131.772
Annual Cash Flow
$-53,581.268
