Property Overview

• Address: 893 Magnolia St NW, Atlanta, GA 30314
• Unit Mix: (4) 3 Bed / 2 Bath + (1) 2 Bed / 2 Bath
• Near Mercedes-Benz Stadium, Beltline, parks
• Granite countertops, stainless steel appliances, LVT flooring
• Recent upgrades: new roof (2024), updated mechanicals

Investment Highlights

• Prime Atlanta location with strong rental demand
• Fully leased with $10,115 in monthly rent
• Market rent potential: $13,300/month
• Strong cash flow with upside potential

Financial Summary

Asking Price: $1,200,000

Annual Gross Rent: $121,380

Total Operating Expenses: $22,800

Net Operating Income (NOI): $98,580

Cap Rate: 8.22%

5‑Year Projection

• Stabilized Monthly Rent: $13,300
• Stabilized NOI: $136,800
• Cap Rate at Stabilization: 11.9%
• Exit Year NOI (Yr 5): $165,918
• Estimated Exit Price @ 6% Cap: ~$2.77M
• 5‑Year IRR: ~23.3%