The Roycraft in Atlanta

Name: Sales in The Roycraft started!
Start: 2020-09-09T08:33:13.027265+00:00
End: 2023-12-31T23:59:59+0000
Location: The Roycraft

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Project info

Object ID: 9162

Finished at	April 2021
Price, m²	From 6600$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 50.00 m²
Floors	7
Apartments	42
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Commercial area 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

9,026$

Rental income

1,103$

Management

689$

Utilities

451$

5% Income tax

6,783$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	30$	270$
February	28	35%	10	30$	300$
March	31	22%	7	33$	231$
April	30	23%	7	40$	280$
May	31	38%	12	40$	480$
June	30	73%	22	45$	990$
July	31	87%	27	75$	2025$
August	31	87%	27	75$	2025$
September	30	60%	18	55$	990$
October	31	58%	18	40$	720$
November	30	36%	11	30$	330$
December	31	35%	11	35$	385$
Total	365		179		9026$
Average		48%		44$

Total invested

330,000$

Net profit

6,783$

Payback period

36.6 years

Avg property value increase per year

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About the project

Light, warmth and handcrafted details—at The Roycraft, you’ll discover the secret to harmonious living. Inspired by the stunning Craftsman architecture local to the surrounding Virginia-Highland neighborhood, these 1, 2, 3-bedroom and penthouse residences bring the world of historic artistry into a contemporary condominium lifestyle.

Developer

We are innovative leaders. Since 2006, we have successfully developed over 40 unique properties that have transformed the landscape, contrib…
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