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625 Jett Street Northwest
Atlanta, GA 30318
Asking Price
$2.00M
Cap Rate
7%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
18-Unit Multifamily Near Downtown Atlanta | 7% Cap Rate | 100% Occupied <ul><li>100% occupied 18-unit multifamily opportunity </li><li>Fully renovated in 2018</li><li>High Density zoning ideal for future redevelopment</li><li>2 blocks from Atlanta Westside Beltline Connector Trail</li><li>Walking distance to GA Tech University</li><li>High growth area with several new developments in the immediate area (Echo Street West development)</li><li>Beautiful unobstructed views of downtown Atlanta skyline</li><li>Located in Qualified Opportunity Zone (see page 15)</l
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NOI
$80,000
Cap Rate
4.00%
DSCR
0.67
Underwater
Cash-on-Cash
-6.46%
Monthly Payment
$9,894.909
Annual Cash Flow
$-38,738.905
