Norwood Apartments

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

NORWOOD APARTMENTS

76 units

Lilburn, Georgia (metro-Atlanta)

 

  • High occupancy – 97% 
  • Popular one story, ground level units
  • All electrical utilities – resident paid including water/sewer
  • Built in 1984
  • Average Unit Size – 599 s/f
  • Built 1950
  • Market Rent – $582/mo.
  • Located in dynamic Gwinnett County
  • Motivated Seller
  • Pro-forma Cap Rate – 7.5%
  • Pro-forma – 8.5% cap rate
  • Opportunity to refinance with more favorable loan

 

 

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.comPrincipals 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