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1164 Alta Avenue Northeast
Atlanta, GA 30307
Asking Price
$3.23M
Cap Rate
6.5%
Asset Type
Apartment Building Retail
Class
Class B
What's Special
Recently Renovated Multifamily Opportunity | 16 Units | 100% Occupied <p>6.5% cap rate with 100% occupancy providing immediate stable cash flow</p><p>Highly sought-after intown location convenient to both Inman Park and Little 5 neighborhoods</p><p>Recently updated offering true turnkey ownership with minimal capital needs</p><p>On-site laundry facilities and off-street parking for tenant convenience</p>
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NOI
$80,000
Cap Rate
2.48%
DSCR
0.42
Underwater
Cash-on-Cash
-11.52%
Monthly Payment
$15,955.54
Annual Cash Flow
$-111,466.485
