GPH Group, LLC
GPH Group, LLC SINGLE FAMILY HOME PORTFOLIO SALE Jamarr Zellner | Coldwell Banker Commercial | 404.844.1957
Executive Summary GPH Group is a local investment fund with a portfolio of single-family properties that they are looking to divest. All properties have been subject to ground-up renovations; all units are leased and are all located in the zip code of 30310, Southwest Atlanta. This portfolio of single-family homes are in the Oakland City and West End Communities of Atlanta, Georgia. Close to half of the portfolio’s residents are participants of the Atlanta Housing Voucher Program or Georgia Housing Voucher Program. As stated, every property has undergone renovation with the last 4 years. Eighty percent of the properties have all new mechanics: HVAC systems, electrical, plumbing, and water heaters. The investment fund has provided all major appliances, including washer and dryers.
Portfolio Details Portfolio type: Single-Family Homes Listing Price: $870,000 Number of Properties: 12 Average Rent: $792.50 Cap Rate: 11.14% Occupancy: 100% Expenses: 15% Gross Scheduled Income Monthly: $9,505 Gross Scheduled Income Annually: $114,060 NOI: $96,951 The earnest money required will be $5,000.
GPH Rent Roll ADDRESS
RENTAL RATE
771 Rochelle Drive SW Atlanta, GA 30310 1093 Oakland Drive SW Atlanta, GA 30310 882 Oakland Drive SW Atlanta, GA 30310 925 Oakland Drive SW Atlanta, GA 30310 1340 Lorenzo Drive SW Atlanta, GA 30310 1428 Lorenzo Drive SW Atlanta, GA 30310 1096 Indale Place SW Atlanta, GA 30310 1292 Oak Street SW Atlanta, GA 30310 1399 Westboro Drive SW Atlanta, GA 30310 840 Pinehurst Terrace SW Atlanta, GA 30310 839 Atwood Drive SW Atlanta, GA 30310 1427 Westmont Drive SW Atlanta, GA 30310
$ 760.00 $ 795.00 $ 213.00 $ 25.00 $ 790.00 $ $ 221.00 $ 850.00 $ 765.00 $ 78.00 $ $ 316.00
Monthly Gross Rent
$ 9,505.00 $ 114,060.00 $ (17,109.00)
Annual Gross Rent Expenses: (15% of Annual Gross Income) Net Operating Income (NOI) Capitalization Rate (CAP RATE)
$ 96,951.00 11.14%
GOVERNMENT ASSISTANCE
$ 552.00 $ 775.00
$ 800.00 $ 604.00
$ 687.00 $ 810.00 $ 464.00
TOTAL RENT $ 760.00 $ 795.00 $ 765.00 $ 800.00 $ 790.00 $ 800.00 $ 825.00 $ 850.00 $ 765.00 $ 765.00 $ 810.00 $ 780.00
ASKING PRICE: $ 870,000.00
LEASE END DATES September 3, 2016 August 1, 2016
May 31, 2016 April 30, 2016 June 30, 2016 August 31, 2016 February 28, 2017 February 1, 2017 March 1, 2016 February 1, 2016 November 1, 2015
Map of Properties
Please contact me with all offers: Jamarr Zellner (404) 844-1957 Email: [email protected] Coldwell Banker Commercial Metro Brokers 3575 Piedmont Road NE Suite 950 Atlanta, Georgia 30329
Executive Summary GPH Group is a local investment fund with a portfolio of single-family properties that they are looking to divest. All properties have been subject to ground-up renovations; all units are leased and are all located in the zip code of 30310, Southwest Atlanta. This portfolio of single-family homes are in the Oakland City and West End Communities of Atlanta, Georgia. Close to half of the portfolio’s residents are participants of the Atlanta Housing Voucher Program or Georgia Housing Voucher Program. As stated, every property has undergone renovation with the last 4 years. Eighty percent of the properties have all new mechanics: HVAC systems, electrical, plumbing, and water heaters. The investment fund has provided all major appliances, including washer and dryers.
Portfolio Details Portfolio type: Single-Family Homes Listing Price: $870,000 Number of Properties: 12 Average Rent: $792.50 Cap Rate: 11.14% Occupancy: 100% Expenses: 15% Gross Scheduled Income Monthly: $9,505 Gross Scheduled Income Annually: $114,060 NOI: $96,951 The earnest money required will be $5,000.
GPH Rent Roll ADDRESS
RENTAL RATE
771 Rochelle Drive SW Atlanta, GA 30310 1093 Oakland Drive SW Atlanta, GA 30310 882 Oakland Drive SW Atlanta, GA 30310 925 Oakland Drive SW Atlanta, GA 30310 1340 Lorenzo Drive SW Atlanta, GA 30310 1428 Lorenzo Drive SW Atlanta, GA 30310 1096 Indale Place SW Atlanta, GA 30310 1292 Oak Street SW Atlanta, GA 30310 1399 Westboro Drive SW Atlanta, GA 30310 840 Pinehurst Terrace SW Atlanta, GA 30310 839 Atwood Drive SW Atlanta, GA 30310 1427 Westmont Drive SW Atlanta, GA 30310
$ 760.00 $ 795.00 $ 213.00 $ 25.00 $ 790.00 $ $ 221.00 $ 850.00 $ 765.00 $ 78.00 $ $ 316.00
Monthly Gross Rent
$ 9,505.00 $ 114,060.00 $ (17,109.00)
Annual Gross Rent Expenses: (15% of Annual Gross Income) Net Operating Income (NOI) Capitalization Rate (CAP RATE)
$ 96,951.00 11.14%
GOVERNMENT ASSISTANCE
$ 552.00 $ 775.00
$ 800.00 $ 604.00
$ 687.00 $ 810.00 $ 464.00
TOTAL RENT $ 760.00 $ 795.00 $ 765.00 $ 800.00 $ 790.00 $ 800.00 $ 825.00 $ 850.00 $ 765.00 $ 765.00 $ 810.00 $ 780.00
ASKING PRICE: $ 870,000.00
LEASE END DATES September 3, 2016 August 1, 2016
May 31, 2016 April 30, 2016 June 30, 2016 August 31, 2016 February 28, 2017 February 1, 2017 March 1, 2016 February 1, 2016 November 1, 2015
Map of Properties
Please contact me with all offers: Jamarr Zellner (404) 844-1957 Email: [email protected] Coldwell Banker Commercial Metro Brokers 3575 Piedmont Road NE Suite 950 Atlanta, Georgia 30329
