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Old Jackson Village 10-14 Old Jackson Rd McDonough Atlanta

Property price: $1,625,000 + Closing costs
*2% Commission

Deal offer : 8% preferred after that even split with pacific for a total of 12.1%

Old Jackson Village is attractive retail center located in a high growth suburb southeast of Atlanta . The center is currently 100 % occupied with 7  tenants .  Located at a signalized intersection , the center enjoys excellent access and visibility. Old Jackson Village has a good mix of restaurant and service oriented business, who cater to the residents and business in the surrounding area.  Notable tenants include Castillo Mexican Restaurant and Johnny's Pizza and Subs.
  • Status: For sale
  • Year Built: 2008
  • Building size: 16,600sqft
  • Lot size: 3.37 Acres (146,797 sqft)
  • Tenants: 7
  • Financial details

  • Monthly Rent: $20,833.3
  • Annual Gross Rent: $250,000
  • Real estate taxes: $27,824
  • Insurance: $21,400
  • Utilities: $15,000
  • Repairs & maintanence: $8,500
  • Lot sweeping: $1,500
  • Pest control: N/A
  • Landscaping: $1,000
  • Video monitoring: N/A
  • Fire protection: $1,517
  • Cleaning services: N/A
  • Waste removal: $1,000
  • Management fee: $12,500
  • Administrative: N/A
  • Reserves/Replacement: $4,500
  • Vacancy: $9,900
  • Total Annual Expenses: $104,641
  • Net Yearly Income: $145,359
  • Net Annual Return: 8.9%
  • Financial Expenses

  • 70% Loan To Property Price: $1,137,500
  • Equity: $487,500
  • Expected Interest: 5% fixed for 25 years
  • Monthly Return: $6,649.71
  • Annual Return: $79,796.52
  • Annual Interest Return: $53,816.47
  • Annual Principal Return: $25,979.80
  • Net Income After Financing Expenses: $65,562.48
  • Net Income After Financing Expense and Principal Return: $91,542.28
  • Total Annual Return: 18.77%
Pacific Holdings
Real Estate Investments
877-324-6904
PACIFIC HOLDINGS | LOS ANGELES
6300 Wilshire Blvd #970
Los Angeles, CA 90048
invest@pacificholdingsgroup.com
Direct: 877-324-6904
Fax-877-282-8028