550 North Highland in Atlanta

Name: 550 North Highland
Brand: Selig Enterprises
SKU: 7888
Availability: InStock

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Project info

Object ID: 7888

Finished at	November 2020
Price, m²	From 3167$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 221.00 m²
Floors	3
Apartments	16
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Underground parking Commercial area Near school Near kindergarten Near supermarket Near hospital
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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

699,907$

Net profit

9,376$

Payback period

59.5 years

Avg property value increase per year

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About the project

North Highland Avenue welcomes an unprecedented collection of three and four bedroom designer townhomes featuring rooftop terraces, exclusive courtyards, timeless interiors, and a remarkable, immersive location cultivated by the surrounding culture-rich neighborhood. Choose to be woven into the inner-city fabric of Poncey-Highland’s tree-lined streets filled with endless character, history, and connectivity that set the stage for these picturesque townhomes. Just moments away from the Atlanta BeltLine, Freedom Park, Ponce City Market, and the rest of Atlanta’s best, we invite you to end your search here at the doorstep to your next experience.

Developer

With beginnings dating back to 1918, Selig Enterprises is a family-owned and operated real estate company that has a portfolio of more than …
Details about Selig Enterprises