www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29400431
29400432

2 Locations

JM
VA 0225267633, DE RS- 0037724
Virtual Properties Realty
Listed by Virtual Properties Realty
$343,000
8 days on market
Updated 0 days ago

CAP RATE 10.5%.. Two SF Homes for only $343,000

Details
APN 15-090-05-046; 14-0179-0006-018-2; 14-0179-0006-016-6; 12-2371-0591-015-5
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Units 2
Cap Rate 10.5%
NOI $36,000
Occupancy 100%
Broker Co-Op Yes
Class B
Year Built 1954 1955
Year Renovated 2025, 2026
Buildings 2
Acreage 0.400
Parking Spaces per unit
Investment Type Owner/User
Occupancy Date 01/21/2026
Ground Lease No
Ownership Corporation
Sale Condition For sale by owner

GREAT CASH FLOWING SF PORTFOLIO 2 PROPERTIES

Marketing description

**CBM Properties Inc. – Georgia Rental Portfolio** Acquire a cash-flowing Two property residential portfolio** in Atlanta Georgia, offered at a total sale price of $343,000. This self-managed portfolio features **100% Section 8 GUARANTEE tenancy.

With a total monthly rent collection of $3,308 and an annual rent of $39,696 these properties offer a solid return on investment. The annual net income stands at $36,000 resulting in an attractive 10.5% CAP rate.

Buy TWO Single Family Home for ONLY $343,000

The portfolio includes: 2215 Penelope St, Atlanta, GA 30314 – a 3BR/1BA home and 2231 Penelope Street, Atlanta, GA 30314 – a 3BR/2BA home. This portfolio offers investors stable income backed by housing authority payments, with limited utility expense and a diversified mix of single-family homes and condos in established metro Atlanta submarkets. Ideal for buyers seeking immediate yield and scalable workforce housing exposure.

Don't miss this opportunity to own a diverse portfolio of properties in high-demand rental areas. Reach out now to secure your investment in GA Properties!

Asking Price is only $343,000 for both

Investment highlights

Excellent Cash Flow All Units are Section 8 Income with OVER 10 YEARS rental history.

Listing Contacts

JM
VA 0225267633, DE RS- 0037724
Virtual Properties Realty
Listed by Virtual Properties Realty

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$36,000.00
$3,000.00/mo

Valuation Metrics

0
DSCR
10.5%
Cap Rate
10.5%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591