2807 Burton Rd NW Atlanta, GA 30311
6-bedroom, 2-bath dormplex with high occupancy near downtown Atlanta.
- Added:
- Oct 17, 2024
- Days on Market:
- 632
- Last Refresh:
- May 12 at 10:44 pm
Property Features for 2807 Burton Rd NW
General Information
- Standard status
- Active
- Size
- 2,000 SF
- Lot size
- 0.71 Acres
- Property subtype
- Multifamily
Listing office Acme Property Group
Listing date Oct 17, 2024
Source Crexi
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 Acme Property Group
Investment Insights
Based on property information with market context.
Key Highlights
- Consistent positive cash flow investment opportunity.
- High occupancy rate (above 90%) maintained by app‑driven tenant finder system.
- Prime location inside the perimeter of Atlanta, near Marta transit, downtown, and the airport.
Local Financial Insights For Apartment 5plus
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 | $42.0k | $21.00 |
| − Vacancy | −$1.9k | −$0.95 |
| EGI | $40.1k | $20.06 |
| − OpEx | −$18.0k | −$9.02 |
| NOI | $22.1k | $11.03 |
