841 Memorial in Atlanta

Name: 841 Memorial
Brand: Enfold Properties
SKU: 7895
Availability: InStock

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Project info

Object ID: 7895

Finished at	March 2018
Price, m²	From 1360$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 55.00 m²
Floors	5
Apartments	80
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Fitness Near school Near kindergarten Near supermarket Near hospital
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Personal discount certificate 300$
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Return on investment for apartment

with price

9,495$

Rental income

1,103$

Management

689$

Utilities

474$

5% Income tax

7,229$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	25%	8	35$	280$
February	28	32%	9	35$	315$
March	31	19%	6	35$	210$
April	30	20%	6	45$	270$
May	31	38%	12	45$	540$
June	30	66%	20	50$	1000$
July	31	83%	26	80$	2080$
August	31	83%	26	85$	2210$
September	30	60%	18	60$	1080$
October	31	58%	18	45$	810$
November	30	33%	10	35$	350$
December	31	32%	10	35$	350$
Total	365		169		9495$
Average		45%		48$

Total invested

74,800$

Net profit

7,229$

Payback period

7.9 years

Avg property value increase per year

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About the project

We are not your usual apartment community. In fact, there’s nothing standard about it. Here, it’s perfectly fine to be choosy about one of the most sought-after neighborhoods in Atlanta. You want a boutique experience tailored to how you want to live? Done. Take in the views of Atlanta’s skyline on our roof top deck, get your daily calorie burn on in our convenient fitness center, enjoy access to our community herb and vegetable garden. And never fall out of touch with wi-fi enabled facilities throughout.

Developer

Enfold Properties, LLC was formed by Bill Bollwerk in 2011 to pursue redevelopment opportunities of underutilized buildings and properties i…
Details about Enfold Properties