4494 Old Summerville Rd Armuchee, GA 30105
Well-maintained duplex with updated leases and potential for expansion.
Property Features for 4494 Old Summerville Rd
General Information
- Standard status
- Active
- Size
- 2,505 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1979
Listing office Keller Williams Clarksville (404) 680-1228
Listing date Mar 4, 2026
Source Crexi
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Investment Insights
Based on property information with market context.
Key Highlights
- High Cap Rate: 13.6% cap rate indicates strong cash flow potential.
- Immediate Income: Both units are currently leased with updated one‑year leases, providing steady income from day one.
- Potential for Expansion: Includes a third septic tank, offering the possibility of adding a third unit.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.6k | $10.20 |
| − Vacancy | −$1.7k | −$0.66 |
| EGI | $23.9k | $9.54 |
| − OpEx | −$7.2k | −$2.86 |
| NOI | $16.7k | $6.68 |
