569 Amsterdam ave - atlanta 30306

Overview

• 2 Unit Duplex
• Over 3,100 square feet per unit
• 4 Stories w/ elevators and rooftop decks
• Construction scheduled to start in May 2023
• Move-in projected for January 2024
• Located in Morningside/Midtown
• 1/4 mile to Beltline and Piedmont Park
• Skyline Views
• Projected Sales Price $1,500,000 per unit

Cost of Project

• $650,000 land cost
• $1,150,000 construction cost
• $1,800,000 total cost
• Bank requires 30% down payment

Investor Opportunity

• $540,000 financial commitment for bank down payment.
• Investors will receive a 12% annual return paid quarterly.
• $5,400 per month in interest
• The project is scheduled to begin in Spring of 2023 & will be complete and sold in approximately 12-15 months. Once the units are sold, all capital will be returned to the investors first, prior to owners receiving any contributions. 
• Investor loan will be personally guaranteed by all 4 KCME principles.