Cap Rate
6.82%
GRM
8
600-607 Little Bear Dr, Palmetto, GA, 30268
CARLTON FORD APARTMENTSClosed
Key Information
$ per SF
$137
Tot. SF
28,800
$ per unit
$123,750
Units
32
Year Built
1985
Type
Apartments
Highlights
- 18 fully renovated units and 11 partially renovated units that feature modern interior upgrades including new paint, flooring, fixtures, back patio doors, washer & dryers, and appliances & cabinets as needed.
- In-unit LG washer and dryers.
- 27% remaining, proven rental upside.
- Renovated exteriors for improved curb appeal and functionality including new exterior painting, rebuilt stairs, new front & back wooden decks, and new dumpster fence.
- Over $400,000 invested into the property over the past 12 months on both interior and exterior renovations.
- A utility charge-back program on new leases to maximize other income including fees for pest control, trash services and washer & dryer equipment.
Photos
Location
Agents
A
Austin GrahamLicense # 408272 (GA)
C
Connor KernsLicense # 408600 (GA)
Broker of Record
Bill Pedersen
License # 80041 (GA)Matthews Real Estate Investment Services, Inc1600 West End, Ste. 1500 Nashville, TN 37203