60-Unit 1240 Oakland Dr. Atlanta, GA 30310
60-Unit
1240 Oakland Dr. Atlanta, GA 30310
Acquisition
Original Purchase Price: $4.1M
Purchase Price: (PPD)$100,000
Average Rents: $750/Unit
Occupancy Rate: 80%
NOI-Acquisition: $360,000
Purchase Price: (PPD)$100,000
Average Rents: $750/Unit
Occupancy Rate: 80%
NOI-Acquisition: $360,000
Stabilization
Stabilization Value: $11.6M
Stabilized Value(PPD): $241,000/Unit
Average Rents:$1,395/Unit
Occupancy Rate: 100%
NOI- Stabilized: $686,000
Stabilized Value(PPD): $241,000/Unit
Average Rents:$1,395/Unit
Occupancy Rate: 100%
NOI- Stabilized: $686,000