Enclave at Chastain in Atlanta

Name: Enclave at Chastain
Brand: Monte Hewett Homes
SKU: 7946
Availability: InStock

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Project info

Object ID: 7946

Finished at	December 2018
Price, m²	From 3600$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 248.00 m²
Floors	3
Apartments	30
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket
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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

892,800$

Net profit

9,376$

Payback period

76.0 years

Avg property value increase per year

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About the project

Perfectly located in North Buckhead, close to Chastain Park, is Enclave at Chastain. This secluded neighborhood of 30 uniquely designed, single family homes, sits nestled among treelined streets, bordered by Nancy Creek and the picturesque Blue Heron Nature Preserve. Walk to award-winning Sarah Smith Elementary and 20+ restaurants! Only 1.5 miles to Phipps Plaza and Lenox Square, and 1 mile to Chastain Park! The homes at Enclave at Chastain are designed with a modern vision, open concept and open-air terraces.