Rogue Valley Village
3761 South Pacific Highway, Medford, OR, 97501, US
4 622 000 $ | 76 unités
Description de l'actif
JLL, as exclusive advisor, is pleased to present for sale 1000 Belmont (the “Property”) a 72-home, core plus investment opportunity located in Smyrna, Georgia. The Property consists of 1- and 2-bedroom apartment homes that have been upgraded to include new stainless-steel appliances, quartz countertops, shaker cabinet fronts, vinyl flooring, new doors, ceiling fans, window treatments, upgraded bathroom mirrors, vanities, and lighting, and washers/dryers (in select units).
Built in 1972, 1000 Belmont offers investors the opportunity to acquire a well-operated community that offers stable cash-on-cash returns at an attractive basis with minimal deferred maintenance. The Property’s current rent levels and in-place NOI ideally position 1000 Belmont for an Agency financing execution.
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Attributs
Année de construction
1972
Nombre d'unités
72
Superficie du bâtiment nette
6 763 mètres carrés
Superficie du terrain brute
1,67 ha
Occupation
92 %
Média
Points forts de l'investissement
Core+ Asset with Room for Future Upside
- 1000 Belmont recently underwent a comprehensive renovation scope. Subsequent ownership can install W/D hookups in 1-bedroom units to further drive rental value.
Well Maintained Asset That Offers Strong Cash-On-Cash
- Ownership has invested ±$1MM into the property in the last 3 years and taken care of many outstanding deferred maintenance projects.
Rarity of the Offering
- With only 1 trade in Smyrna in 2024, 1000 Belmont presents a unique opportunity to invest in a highly desirable submarket of Atlanta.
Proximity to Retail, Entertainment, and Recreation
- 1000 Belmont is within 10 minutes of The Battery, home to the Atlanta Braves, The Shops at Belmont, a ±48-acre mixed-use development, Cumberland Mall, a ±900K SF shopping mall, and the Cobb Galleria Centre, a ±320K SF performing arts center.
Access to Major Employers
- As one of the largest office markets in Atlanta, Cobb County offers a plethora of employment opportunities. Notable tenants include Papa John’s, TK Elevator, The Home Depot, Genuine Parts, and HD Supply, RaceTrac, and Comcast.
Contactez les courtiers
1000 Belmont (0 Propriétés)
JLL peut vous aider à financer et à gérer votre portefeuille. Envoyez-nous un courriel aujourd'hui pour voir comment nous pouvons vous aider à réaliser vos ambitions.
Dernière mise à jour
2 avr. 2025
