Commercial investment

[MartinKing]

Friends, Need your opinion on the below property:

Multi family with 8 units mix of 2 beds and one beds. 100% occupancy. Renovated in 2022 with new HVAC.

Asking price: 1.4M

NOI: Avg 70K-80K/Year.

Location: Atlanta, GA - Proximity to Georgia Tech.

Maintained by property management company.

 

[AvramFaind]

That property sounds like quite the opportunity! Reminds me of when I was debating on investing in a multi-family unit myself. Location and occupancy rate are huge factors. I remember doing some research and stumbling upon this insightful resource https://investingdubaiproperty.com/. It helped me crunch the numbers and make a more informed decision. Considering the NOI and location near Georgia Tech, it sounds promising! Just be sure to do your due diligence.