Sophia Druid Hills in Atlanta

Name: Sophia Druid Hills
Brand: Minerva USA
SKU: 8081
Availability: InStock

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Project info

Object ID: 8081

Finished at	April 2018
Price, m²	From 3750$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 220.00 m²
Floors	2
Apartments	24
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

825,000$

Net profit

9,376$

Payback period

70.2 years

Avg property value increase per year

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About the project

Enjoy the quiet satisfaction that comes with an address in Atlanta’s acclaimed Druid Hills neighborhood. Gaze upon the distinctive Art Moderne architecture of the 1930s with sleek, horizontal styling and a painted brick exterior, with unique details such as wrap-around corner windows and painted steel balustrades. Soak in the elegantly classic interiors, open floorplans and envious features including optional elevators, private decks and balconies. This is what it means to be rewarded each day with a lifestyle of brilliant convenience, comfort and enjoyment – in a place we call “Sophia.”

Developer

For over 30 years, Minerva has had a constant presence in the southeastern United States real estate market. Through involvement in numerous…
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