3207 Lowndes Street East Point, GA 30344

Multi-Family Investment

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  • Investment Highlights

    Borrower: Vince Marsh (same owner 30 years)
    Project Cost: $150,000
    Value: $288,600 52% LTV, (2013 Fulton County Assessment)
    Participation: 75,000
    Security: 1st lien
    Interest: 10%
    Term: 24 months
    Closing: 9/20/2013
    Exit: Sale of property

  • Project Description

    Two Story 6 Units Brick Building , Total Electric
    Excellent In town location with great rental stability.
    Two Bedroom Units (850 sq.ft, gross income $3,375)
    One Bath, Living room, Eat in Kitchen
    Ample off street parking
    100% Occupied Fenced in
    Washer Dryer connections
    Stove & Refrigerator
    Wall to wall carpet, All adults
    Monthly expenses: $325 water, $420 taxes

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Important Investment Disclosures

Nothing on this website constitutes an offer to sell or a solicitation of an offer for investment. An offer is made only by the offering circular and material disclosure package. Past performance is not an indication of future results. Investments are NOT insured by any government agency and are NOT guaranteed. Investments offered through Highland Capital Group LLC. are available to Georgia residents only, are not liquid, not transferable, and involve risk, including the possible loss of principal.