Star Metals in Atlanta

Name: Sales in Star Metals started!
Start: 2020-07-06T09:55:09.950767+00:00
End: 2023-12-31T23:59:59+0000
Location: Star Metals

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Project info

Object ID: 7935

Finished at	July 2020
Price, m²	From 1370$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 46.00 m²
Floors	9
Apartments	409
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Reception
Conveniences	Parking Fitness Pool Commercial area 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

9,026$

Rental income

1,103$

Management

689$

Utilities

451$

5% Income tax

6,783$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	30$	270$
February	28	35%	10	30$	300$
March	31	22%	7	33$	231$
April	30	23%	7	40$	280$
May	31	38%	12	40$	480$
June	30	73%	22	45$	990$
July	31	87%	27	75$	2025$
August	31	87%	27	75$	2025$
September	30	60%	18	55$	990$
October	31	58%	18	40$	720$
November	30	36%	11	30$	330$
December	31	35%	11	35$	385$
Total	365		179		9026$
Average		48%		44$

Total invested

63,020$

Net profit

6,783$

Payback period

7.0 years

Avg property value increase per year

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About the project

Star Metals Atlanta is a mixed-use development in the heart of Atlanta’s dynamic West Midtown. Designed to meet the needs and demands of today’s creative class, it consists of Star Metals Residences, a Class A mixed-use building including multi-family residential and retail, along with Star Metals Offices, a Class A office building directly across the street, also with ground floor retail.

Both buildings celebrate West Midtown’s authentic and historical culture while creating a connected lifestyle that the smart and tech-savvy enjoy. Inspired by neighbors like Georgia Institute of Technology and Internet icons like Google and Facebook, our cutting-edge technology permeates every aspect of our development.

Developer

Founded in 2004, Brett Finkelstein and Byron Cocke formed our Atlanta based, boutique-style vertically integrated real estate company which …
Details about CF Real Estate Services