Spectrum on Spring in Atlanta

Name: Sales in Spectrum on Spring started!
Start: 2020-07-10T11:07:22.414469+00:00
End: 2023-12-31T23:59:59+0000
Location: Spectrum on Spring

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Project info

Object ID: 7998

Finished at	April 2018
Price, m²	From 2500$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 67.00 m²
Floors	6
Apartments	259
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Fitness Pool Commercial area 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

10,110$

Rental income

1,103$

Management

689$

Utilities

505$

5% Income tax

7,813$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	22%	7	40$	280$
February	28	28%	8	40$	320$
March	31	16%	5	42$	210$
April	30	16%	5	50$	250$
May	31	38%	12	50$	600$
June	30	66%	20	55$	1100$
July	31	80%	25	90$	2250$
August	31	80%	25	90$	2250$
September	30	53%	16	75$	1200$
October	31	51%	16	50$	800$
November	30	33%	10	40$	400$
December	31	32%	10	45$	450$
Total	365		159		10110$
Average		42%		55$

Total invested

167,500$

Net profit

7,813$

Payback period

16.6 years

Avg property value increase per year

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Promos and discounts for Spectrum on Spring

About the project

Redefining luxury urban living, come and experience the newest community of apartments in Midtown Atlanta, Spectrum on Spring. Our premier, resort-style amenities and exquisite apartment homes offer unique contemporary features that were designed to reflect the energetic and bustling vibe of the surrounding neighborhood. Discover a bold, new lifestyle at Spectrum on Spring.

To bring our artistic vision to life, designing Spectrum on Spring involved meticulous planning to ensure that every community and apartment amenity would contribute to a stylish and functional environment for our residents. Our sparkling pool, cutting-edge fitness center, and onsite retail shops are just a few of the conveniences that we offer to provide you with superior, high-quality living.

This vibrant neighborhood is booming with art, entertainment, and dining, and our sought-after location puts you close to it all. From the popular Octane Coffee Bar to the Museum of Design Atlanta, you won’t have to venture far from our Midtown Atlanta apartments to treat yourself to some of the best attractions in the area.