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8373 Thomas Rd
Jonesboro, GA 30238

$3,000,000 USD

Apartments For Sale • 18,400 SF

Property Details

Property Type Apartments
Total Building Size 18,400 SF
Lot Size 1.96 AC
Building Class B
Year Built 2001
Cap Rate 5.22 %
Zoning C

0 Transit Score

28 Walk Score

                
                    Highlights
                
                                Investment - Value Add Opportunity
                            
                                Assumable Debt $1.49MM, 3.22%
                            
                                Strong 87.5% occupancy rate

Property Flyers

BellStreet Offering Memorandum 8373 Thomas

Financial Summary (Proforma)

Net Operating Income: $156,595 USD (2024)

Cap Rate:	5.22 %
Total Expenses:	$82,589 USD

Amenities

Air Conditioning
Balcony
Cable Ready
Courtyard
Dishwasher
Fenced Lot
Microwave
Storage Space
Washer/Dryer Hookup
Heating
Ceiling Fans
Kitchen
Hardwood Floors
Oven
Stainless Steel Appliances
Range
Tub/Shower
Walk-In Closets
Carpet
Deck
Double Pane Windows
Freezer
Patio

Public Transportation

Airport	Drive	Walk	Distance
Hartsfield - Jackson Atlanta International	20 min	-	10.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	32
Type:	Surface
Included in Rent:	Yes

Matthew Williams 404-500-5800 BellStreet

8373 Thomas Rd Jonesboro, GA 30238