Empire Paintbox in Atlanta

Name: Empire Paintbox
Brand: Empire Communities
SKU: 7944
Availability: InStock

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Project info

Object ID: 7944

Finished at	July 2021
Price, m²	From 12700$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 26.00 m²
Floors	3
Apartments	66
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground 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

8,103$

Rental income

1,103$

Management

689$

Utilities

405$

5% Income tax

5,906$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	32%	10	25$	250$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		194		8103$
Average		52%		37$

Total invested

330,200$

Net profit

5,906$

Payback period

40.8 years

Avg property value increase per year

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About the project

Empire Paintbox will attract those who covet the value of owning their own home in a vibrant neighborhood surrounded by a creative and dynamic group of tastemakers, foodies, and trend-setters. Residents will be greeted each day with rows of colorful homes, each one reflective of the bright and spirited dwellers who inhabit them.