The Gates at King Springs in Atlanta

Name: The Gates at King Springs
Brand: Waters Edge Group Inc.
SKU: 8000
Availability: InStock

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Project info

Object ID: 8000

Finished at	September 2019
Price, m²	From 2070$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Townhouse
Square	from 185.00 m²
Floors	3
Apartments	26
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking 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

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

382,950$

Net profit

9,376$

Payback period

32.6 years

Avg property value increase per year

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About the project

Experience Smyrna living at Gates at King Springs. Located at 3844 King Springs Rd. in Smyrna, this community is a terrific place to live. From amenities to availability, the leasing team is excited to help you find your ideal place. This apartment community provides a wide selection of great amenities. Some of these include: washers and dryers, tile floors, and granite countertops. Make your move to Gates at King Springs. Contact us or stop in to learn more about our community.

Developer

Waters Edge Group is an award-winning homebuilder in the greater Atlanta area specializing in single-family and townhome construction. With …
Details about Waters Edge Group Inc.