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8373 Thomas Rd
Jonesboro, GA 30238

$2,665,000 USD

Apartments For Sale  •  19,200 SF

Property Details

• Property Type Apartments
• Total Building Size 19,200 SF
• Lot Size 1.96 AC
• Building Class B
• Year Built 2001
• Cap Rate 6.71 %
• Zoning C

0 Transit Score

28 Walk Score

Highlights

16 Units, Built in 2001

Gross Building Square Footage of ± 19,200 SF

Average Unit: ± 1,200 SF

Current Occupancy: 100%

Current Avg Rent: $1,467 | Market Avg Rents: $1,600

Current Tax-Adjusted Cash-on-Cash Return: 6.19%

Cap Rate:

6.71 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Villas Thomas Road

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