Alexan on 8th in Atlanta

Name: Alexan on 8th
Brand: Trammell Crow Residential
SKU: 7902
Availability: InStock

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Project info

Object ID: 7902

Finished at	March 2019
Price, m²	From 1671$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 59.00 m²
Floors	22
Apartments	355
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Reception
Conveniences	Parking Underground parking Fitness Pool Commercial area 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

98,589$

Net profit

7,229$

Payback period

10.4 years

Avg property value increase per year

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About the project

Alexan on 8th is a new apartment development by Trammell Crow Residential at 880 West Peachtree Street Northwest, Atlanta. The development was completed in 2019.

Developer

Trammell Crow Residential is a pioneer of U.S. multifamily real estate and has developed more apartments than any other firm. Over 40 years,…
Details about Trammell Crow Residential