This listing is actually for 3 different complexes located in calhoun. 168 total bedrooms. Very detailed financials available for qualified buyers. Cap rate is between 8. 5-10% depending on variables including price. Occupancy is between 97-100% for each location w/ substantial waiting list. No deferred main. Units are in excellent cond. Both structurally & cosmetically. Renovations were done with long term ownership in mind. Seller will stay on & manage the units for 6 months at no charge, then another 6 months for 6% of gross. Fee after that is negotiable. Mgemnt. & main. Personnel can stay on as desired by buyer. Do not bother tenants! Contact listing agent for more info. & pics.
The vacancy rate of homes in 30701 is
9.87% with 56.58% of homes being owner-occupied. The median household income in 30701 is $41915 per year with those between 45 and 64 having the highest median income at $49082.