2885 Lakemont Drive SW

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2885 Lakemont Drive SW

Marietta, GA 30060
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

2885 Lakemont Drive SW, Marietta, GA 30060 <ul><li>​Excellent turnkey investment opportunity in high-demand Marietta location</li><li>​Close to I-75, I-285, and minutes from The Battery Atlanta</li><li>​Value-add potential with only 1 of 3 units renovated</li><li>​Building occupied by long-term tenants</li><li>​Reliable cash flow with potential rental increases with further renovations</li><li>​Units with this layout and location historically rent quickly</li></ul>

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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