Rock Spring in Atlanta

Name: Sales in Rock Spring started!
Start: 2020-07-16T12:01:11.970483+00:00
End: 2023-12-31T23:59:59+0000
Location: Rock Spring

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Project info

Object ID: 8072

Finished at	December 2019
Price, m²	From 6000$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 260.00 m²
Floors	2
Apartments	9
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket
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Personal discount certificate 300$
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Return on investment for apartment

with price

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

1,560,000$

Net profit

9,376$

Payback period

132.7 years

Avg property value increase per year

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Promos and discounts for Rock Spring

About the project

Your window of opportunity starts now. You see, when it comes to location, the nine new homes at Rock Spring are located in one of Atlanta’s sweetest spots. It‘s hard to beat a Hedgewood crafted home with just the right amount of close to Midtown, Buckhead and Downtown. Add to that the Morningside neighborhood, main level owner’s suite, a two or three car garage and beautifully designed yards and gardens professionally maintained by a designated gardener.