Lumen Grant Park in Atlanta

Name: Lumen Grant Park
Brand: Atlantic Realty Partners
SKU: 7994
Availability: InStock

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Project info

Object ID: 7994

Finished at	February 2018
Price, m²	From 2540$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 55.00 m²
Floors	5
Apartments	238
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Underground parking Fitness Pool 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

9,495$

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

139,700$

Net profit

7,229$

Payback period

14.7 years

Avg property value increase per year

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About the project

Welcome to the good life at Lumen Grant Park Apartments in Grant Park, Atlanta, GA. Our luxury apartments for rent in Grant Park offers superb features and amenities including a Rooftop Sky Lounge with city and park views, in-home washer and dryer, state-of-the-art fitness center with a yoga and spin studio, multi-level swimming pool, and much, much more. At Lumen Grant Park, our neighborhood is vibrant with history and charm as we are located close to Grant Park, Zoo Atlanta, chic boutiques, restaurants and bars, and all the beauty that Downtown Atlanta offers. Our Lumen apartments have unique and hand-crafted floor plans where you can choose from luxury studio, one, two, and three apartments in downtown Atlanta, GA. Schedule your tour today and experience a new standard of living at Lumen Grant Park luxury apartments.

Developer

At Atlantic Residential, our motto is simple: We Do Yes. Yes to progress, Yes to breaking boundaries, and Yes to making life better for our …
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