232 Brad St

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232 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).

  • The asset is a multifamily apartment building located in Royston, GA.
  • The property at 232 Brad St features 2 total rental units.
  • The asking price for this multifamily investment is $785,000.
  • Royston is a growing market within the Northeast Georgia region.
  • This building is positioned to provide residential housing for local tenants.

What's Special

Royston serves as a stable residential hub in Northeast Georgia, providing residents with proximity to regional employment centers and local conveniences. This multifamily apartment building at 232 Brad St consists of 2 units, making it a manageable asset for investors seeking to grow their portfolio within this growing submarket. The property occupies a functional footprint within the town, offering straightforward access to main thoroughfares that connect residents to broader metro area destinations. Apartment buildings of this scale suit investors focused on long-term rental income or those interested in a repositioning strategy. The size of the building provides a manageable maintenance profile for private owners or small-scale operators. Given the consistent demand for rental housing throughout Georgia, this asset represents a position in the local multifamily sector.

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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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