Vertical Row in Atlanta

Name: Sales in Vertical Row started!
Start: 2020-07-22T06:38:37.559640+00:00
End: 2023-12-31T23:59:59+0000
Location: Vertical Row

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Project info

Object ID: 8142

Finished at	June 2020
Price, m²	From 2160$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 185.00 m²
Floors	3
Apartments	11
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Near hospital
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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

399,600$

Net profit

9,376$

Payback period

34.0 years

Avg property value increase per year

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About the project

In the heart of Mechanicsville, this gated community provides an opportunity to live with unobstructed views of downtown Atlanta. Garaged entrance, an open concept floor plan and rooftop living – constructed by an award-winning builder. This location is ideal for access to restaurants, schools, shopping and the Beltline