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Veranda at Avalon in Alpharetta

Name: Veranda at Avalon
Brand: North American Properties
SKU: 7937
Availability: InStock

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Project info

Object ID: 7937

Finished at	December 2016
Price, m²	From 1700$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 71.00 m²
Floors	5
Apartments	250
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Fitness Pool 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

10,605$

Rental income

1,103$

Management

689$

Utilities

530$

5% Income tax

8,283$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	50$	250$
February	28	21%	6	50$	300$
March	31	16%	5	55$	275$
April	30	16%	5	60$	300$
May	31	32%	10	60$	600$
June	30	60%	18	70$	1260$
July	31	80%	25	95$	2375$
August	31	80%	25	100$	2500$
September	30	46%	14	75$	1050$
October	31	45%	14	60$	840$
November	30	30%	9	50$	450$
December	31	29%	9	45$	405$
Total	365		145		10605$
Average		39%		64$

Total invested

120,700$

Net profit

8,283$

Payback period

11.4 years

Avg property value increase per year

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About the project

Veranda offers many distinctive one- and two-bedroom home options, all of which deliver the comforts of modern luxury. Veranda is designed around you, offering a lifestyle enhanced by unmatched amenities - plus access to the best Avalon has to offer through Concierge services. In our homes, in our community, and in the center of Avalon, life at Veranda delivers the luxury of time well spent. Please call for an appointment today.

Developer

Whether developing multifamily, mixed-use, office, student housing, hotel or retail environments, we're driven to deliver more valuable, mea…
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