300 S Jeff Davis Drive, Fayetteville, GA 30215

This Fayetteville quadruplex offers four 2 bed / 1 bath units totaling 5,102 sq ft, each thoughtfully updated within the last two years. Recent improvements include kitchens with granite countertops and stainless steel appliances, along with new flooring, fresh paint, and updated light fixtures that create a clean and inviting living space. The upper units enjoy the added benefit of dedicated storage spaces and private decks, enhancing functionality and tenant appeal. With leases in place, the property is fully occupied and provides a stable income stream for investors. Current rents generate $61,224 annually, delivering a 7.51% cap rate and near-breakeven cash flow at market interest rates. The pro forma scenario reflects two units rented at $1,400 and two units rented at $1,700, generating a total monthly rent of $6,200, or $74,400 annually. With expenses estimated at 16% of gross income, annual operating costs are projected at $11,904, resulting in a net operating income (NOI) of … read more …