224 Brad St

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224 Brad St

Royston, GA 30662
Asking Price
$785K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • This multifamily apartment building contains two individual rental units.
  • The property is situated at 224 Brad St in Royston, Georgia.
  • The asking price for this residential investment asset is $785,000.
  • This location offers a stable environment for long-term residential tenants.
  • The asset provides clear management opportunities for prospective real estate investors.

What's Special

Investors seeking to expand their residential holdings will find this two-unit apartment building at 224 Brad St in Royston, GA, a functional addition to a portfolio. The asset type allows for a straightforward management approach, making it an appropriate choice for those looking to capitalize on rental demand within this specific Georgia submarket. Royston provides a quiet, steady environment typical of growing communities in the region, offering residents proximity to local services while maintaining a small-town atmosphere. With two distinct units, the property is positioned to serve individuals or small households looking for long-term rental options. Owners can leverage the multifamily designation to optimize occupancy and maintain consistent revenue streams in a stable local economy. The asset serves as a solid foundation for those aiming to strengthen their presence in the North Georgia rental landscape through direct ownership of well-defined residential spaces.

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NOI
$80,000
Cap Rate
10.19%
DSCR
1.72
Strong
Cash-on-Cash
14.18%
Monthly Payment
$3,883.752
Annual Cash Flow
$33,394.98

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