Top-Floor Condo in Gated
For Sale
$165,000
1250 Parkwood Circle SE #2312, Atlanta, GA 30339
One-bedroom condo with modern updates and community amenities.
Property Size761 SF
Price / SF$216.82
Days on Market374
Property Features for 1250 Parkwood Circle SE #2312
General Information
Standard status
Active
Size
761 SF
Property subtype
Condominium
Amenities
Security System
Natural Gas
Central
Forced Air
Central Air
Dishwasher
Electric Range
Refrigerator
Deck, Cable Available, Electricity Available, Natural Gas Available, Water Available
Building Details
Building Size
761 SF
Year Built
1995
Listing Agency:
Coldwell Banker Realty
Listed By:
First MLS
(404) 874-2262
Source:
Kw
Added: Aug 26, 2025
Changed: Aug 8
Last Checked: Sep 1 at 2:32PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This top-floor, one-bedroom condo is located within a secure, gated community in unincorporated Cobb. The home features fresh paint, plantation shutters, and modern fixtures. The updated kitchen includes quartz countertops and a tiled backsplash. The living room has a vaulted ceiling, creating an open and airy feel. The spacious bedroom features a large walk-in closet, and the extended laundry room provides additional storage. A private balcony includes a lockable storage closet. Community amenities include tennis courts, a swimming pool, picnic areas, and a clubhouse with a fitness center. There is ample guest and resident parking available. The property is located minutes from Truist Park/The Battery, Cumberland Mall, shopping, and major highways.
Key Highlights
- Prime Location: Minutes from Truist Park/The Battery, Cumberland Mall, shopping, and major highways.
- Secure, Gated Community with Amenities: Includes tennis courts, swimming pool, picnic areas, clubhouse, and fitness center.
- Updated and Move‑In Ready: Features fresh paint, plantation shutters, modern fixtures, quartz countertops, and tiled backsplash.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$8,394
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.09%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$167,880
$167.9K
Cap Rate 7%
$119,914
$119.9K
Cap Rate 9%
$93,267
$93.3K
Market Conditions
NOI Build-Up for 761 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$16.0K $21.00/SF
− Vacancy
−$719 −$0.95/SF
EGI
$15.3K $20.06/SF
− OpEx
−$6.9K −$9.02/SF
NOI
$8.4K $11.03/SF
Area
Atlanta, GA
Vacancy
4.50%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$167,880
Cap Rate 7%
$119,914
Cap Rate 9%
$93,267
Alternative Uses
Best Use
Apartment 5plus
$119.9K
$104.9K – $139.9K
NOI $8,394 @ 7.0% cap · market cap 5.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$212.7K
$186.1K – $248.2K
NOI $14,891 @ 7.0% cap · market cap 9.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,742
Businesses Nearby
Explore this area
Business Placement
Demographics for 30339, GA
31,490
Population
21,303
Households
1.5
Avg Household Size
35
Median Age
71%
College-Educated
99%
High-School Grad
9.9 sq mi
ZIP Area
3,181
Density / Sq Mi
$101,049
Median Household Income
$66,949
Median Earnings
$1,820
Median Rent
$437,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - One-bedroom condo with modern updates and community amenities.
Where is this apartment building located?
The property is located at 1250 Parkwood Circle SE #2312 Atlanta, GA.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Prime Location: Minutes from Truist Park/The Battery, Cumberland Mall, shopping, and major highways.; Secure, Gated Community with Amenities: Includes tennis courts, swimming pool, picnic areas, clubhouse, and fitness center.; Updated and Move‑In Ready: Features fresh paint, plantation shutters, modern fixtures, quartz countertops, and tiled backsplash.
