AZALEA PLACE APARTMENTS

love_properties_azalea

Love Properties, Inc. as Exclusive Agent is pleased to offer the

AZALEA PLACE APARTMENTS

42 units

Carrollton, Georgia

 

  • High occupancy – 98% 
  • All 2 BR/1.5 townhouse units
  • Large unit size – 960 s/f
  • Resident paid utilities (37 units) including water/sewer
  • Washer/dryer connections in each unit
  • Built 1950
  • Late 1980’s major renovation including all new electrical, plumbing, HVAC, double pane windows, and more
  • Minutes to vibrant downtown area, The University of West Georgia, and Tanner Medical Center
  • Quiet Community situated on over 4 acres
  • Attractively priced at only $1.4 million ($33,333/unit)
  • Pro-forma – 8.5% cap rate
  • Average rent – $579/mo.

 

 

Listing Agent:  Roy A. Wright, CCIM,  Senior Vice President, Brokerage Services                          Love Properties, Inc., 4360 Chamblee Dunwoody Road, Suite 520, Atlanta, GA 30341                 (678) 336-6303 Direct: (770) 457-4394 FAX   rwright@loveproperties.com                                         GA Real Estate License #23454

 

For Full Offering Memorandum, please print, sign, and fax the following document to (770) 457-4394 or send to lwoodward@loveproperties.com

Principals

 Confidentiality Agreement

 

Co-brokers will need to be paid by the Buyer

Every effort has been made to provide accurate information but no liability is assumed for errors and omissions