robert bradley properties, llc...bathroom vanities refinished tub & tile laminate flooring...

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Robert Bradley Properties, LLC Marietta, GA Bob Suggs Co-Owner 770.298.5250 [email protected] Brad Suggs Co-Owner 703.395.5100 [email protected]

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Page 1: Robert Bradley Properties, LLC...Bathroom vanities Refinished tub & tile Laminate flooring Refrigerator Entire bathroom Blinds 9 ROBERT BRADLEY PROPERTIES 990-992 Booth Road Marietta,

RobertBradleyProperties,LLCMarietta,GABobSuggsCo-Owner770.298.5250bobsuggs@robertbradleyproperties.comBradSuggsCo-Owner703.395.5100bradsuggs@robertbradleyproperties.com

Page 2: Robert Bradley Properties, LLC...Bathroom vanities Refinished tub & tile Laminate flooring Refrigerator Entire bathroom Blinds 9 ROBERT BRADLEY PROPERTIES 990-992 Booth Road Marietta,

ROBERT BRADLEY PROPERTIES 2

OfferingSummaryTheownersaresellingtheentireportfolio.SalePrice: $1,500,000NumberofProperties: 7NumberofUnits: 13CAPRate: 7.49%NOI: $112,396TotalSF: 15,528PriceperSF: $96.60Market: Marietta,GA

CompanyInfoRobertBradleyProperties(RBP)wasformedin2008withthepurchaseofitsfirsttownhouse.Sincethenthecompanyhaspurchasedandsoldover14properties.Currently,RBPownsandmanages6duplexesand1townhouseallwithinfivemilesofeachother.All13unitsareoccupied.Mostofthepropertieshavegonethroughextensiverenovationssuchasbathrooms,kitchens,flooring,appliances,ceilingfans,stormdoorsandblinds.

Page 3: Robert Bradley Properties, LLC...Bathroom vanities Refinished tub & tile Laminate flooring Refrigerator Entire bathroom Blinds 9 ROBERT BRADLEY PROPERTIES 990-992 Booth Road Marietta,

ROBERT BRADLEY PROPERTIES 3

PropertiesRBPpropertyList:A.241PamLane,Marietta,GA30064B.220-222KimberlyWay,Marietta,GA30064C.229-231KimberlyWay,Marietta,GA30064D.100-102KimberlyWay,Marietta,GA30064E.355-357BoothCircle,Marietta,GA30008F.990-992BoothRoad,Marietta,GA30008G.1175-1177JillLane,Marietta,GA30008

Page 4: Robert Bradley Properties, LLC...Bathroom vanities Refinished tub & tile Laminate flooring Refrigerator Entire bathroom Blinds 9 ROBERT BRADLEY PROPERTIES 990-992 Booth Road Marietta,

ROBERT BRADLEY PROPERTIES 4

241PamLaneMarietta,GA30064Style TownhouseBed 1Bath 1HalfBath 1Fireplace 1SqFt 1272YearBuilt 1983

PropertyDescriptionsThefollowingisabriefdescriptionofeachofthepropertiesheldbyRBP.

RenovationsStainlesssteelappliancesGranitecountertopsinkitchenTravertinetilethroughoutmainlevelScreened-inbackporch

Page 5: Robert Bradley Properties, LLC...Bathroom vanities Refinished tub & tile Laminate flooring Refrigerator Entire bathroom Blinds 9 ROBERT BRADLEY PROPERTIES 990-992 Booth Road Marietta,

ROBERT BRADLEY PROPERTIES 5

220-222KimberlyWayMarietta,GA30064Style DuplexBeds 4Baths 4Fireplaces 2Garages 2SqFt 2136GarageSqFt 660YearBuilt 1979

Renovations220 222RefrigeratorStove

Ceramictileflooring

Blinds Garbagedisposal

Page 6: Robert Bradley Properties, LLC...Bathroom vanities Refinished tub & tile Laminate flooring Refrigerator Entire bathroom Blinds 9 ROBERT BRADLEY PROPERTIES 990-992 Booth Road Marietta,

ROBERT BRADLEY PROPERTIES 6

229-231KimberlyWayMarietta,GA30064Style DuplexBeds 5Baths 4SqFt 2524YearBuilt 1962

Renovations229 231RefrigeratorStoveMicrowave

Stove

KitchencountertopEntirebathroom

Page 7: Robert Bradley Properties, LLC...Bathroom vanities Refinished tub & tile Laminate flooring Refrigerator Entire bathroom Blinds 9 ROBERT BRADLEY PROPERTIES 990-992 Booth Road Marietta,

ROBERT BRADLEY PROPERTIES 7

100-102KimberlyWayMarietta,GA30063Style DuplexBeds 4Baths 4SqFt 2016YearBuilt 1980

Renovations100 LaminateflooringRefrigeratorCeilingfansToilets

Page 8: Robert Bradley Properties, LLC...Bathroom vanities Refinished tub & tile Laminate flooring Refrigerator Entire bathroom Blinds 9 ROBERT BRADLEY PROPERTIES 990-992 Booth Road Marietta,

ROBERT BRADLEY PROPERTIES 8

355-357BoothCircleMarietta,GA30008Style DuplexBeds 4Baths 4Fireplaces 2SqFt 2080YearBuilt 1984

Renovations355 357LaminateflooringRefrigeratorBathroomvanitiesRefinishedtub&tileBlinds

LaminateflooringRefrigeratorEntirebathroomBlinds

Page 9: Robert Bradley Properties, LLC...Bathroom vanities Refinished tub & tile Laminate flooring Refrigerator Entire bathroom Blinds 9 ROBERT BRADLEY PROPERTIES 990-992 Booth Road Marietta,

ROBERT BRADLEY PROPERTIES 9

990-992BoothRoadMarietta,GA30008Style DuplexBeds 4Baths 3HalfBath 1Fireplaces 2SqFt 1948YearBuilt 1984

Renovations990 992Stormdoor

Stormdoor

Page 10: Robert Bradley Properties, LLC...Bathroom vanities Refinished tub & tile Laminate flooring Refrigerator Entire bathroom Blinds 9 ROBERT BRADLEY PROPERTIES 990-992 Booth Road Marietta,

ROBERT BRADLEY PROPERTIES 10

1175-1177JillLaneMarietta,GA30008Style DuplexBeds 6Baths 4HalfBath 2Fireplaces 2Basement FullSqFt 2892YearBuilt 1983

Renovations1175 1177Laminateflooring

RefrigeratorGarbagedisposal

Page 11: Robert Bradley Properties, LLC...Bathroom vanities Refinished tub & tile Laminate flooring Refrigerator Entire bathroom Blinds 9 ROBERT BRADLEY PROPERTIES 990-992 Booth Road Marietta,

ROBERT BRADLEY PROPERTIES 11

UnitNumber

Bed Bath LeaseStart

LeaseEnd

SecurityDeposit

CurrentRent

MarketRent

241 1 1.5 10/01/19 09/30/20 $500 $1,000 $1,000

220 2 2 07/22/19 07/21/20 $500 $1,000 $1,000

222 2 2 03/15/19 03/14/20 $500 $900 $1,000

229 2 2 10/01/19 09/30/20 $500 $950 $1,000

231 3 2 06/01/19 05/31/20 $500 $1,000 $1,300

100 2 2 02/10/19 02/02/20 $500 $900 $1,000

102 2 2 09/01/19 08/31/20 $500 $900 $1,000

355 2 2 05/23/19 05/22/20 $500 $900 $1,000

357 2 2 03/01/19 02/28/20 $500 $900 $1,000

990 2 2 11/01/19 10/31/20 $500 $1,000 $1,000

992 2 1.5 09/01/19 08/31/20 $500 $850 $900

1175 3 2.5 02/01/19 01/31/20 $500 $1,000 $1,400

1177 3 2.5 02/01/19 01/31/20 $500 $1,000 $1,400

RentRollThefollowingisacurrentandpotential/marketrentforallRBPproperties.

CurrentRentalIncome: $12,300/mo $147,600/yrPotentialRentalIncome: $14,000/mo $168,000/yr

Page 12: Robert Bradley Properties, LLC...Bathroom vanities Refinished tub & tile Laminate flooring Refrigerator Entire bathroom Blinds 9 ROBERT BRADLEY PROPERTIES 990-992 Booth Road Marietta,

ROBERT BRADLEY PROPERTIES 12

Cobb County, GA

Show Property Photos

  Parcel ID Owner Property Address Noti�cation Date

16129600590 ROBERT BRADLEY PROPERTIES LLC 229 KIMBERLY WAY  

17014000450 ROBERT BRADLEY PROPERTIES LLC 992 BOOTH RD  

17014000500 ROBERT BRADLEY PROPERTIES LLC 357 BOOTH CIR  

17014701400 ROBERT BRADLEY PROPERTIES LLC 241 PAM LN  

17015000350 ROBERT BRADLEY PROPERTIES LLC 1175 JILL LN  

20032400180 ROBERT BRADLEY PROPERTIES LLC 100 KIMBERLY WAY  

20032402190 ROBERT BRADLEY PROPERTIES LLC 220 KIMBERLY WAY  

7 Results Parcel Results

Version 2.3.7

Ownership and characteristic data are the most current information available. All appraised/assessed values are as of Jan 1, 2019.User Privacy Policy GDPR Privacy Notice

Last Data Upload: 9/27/2019, 11:24:38 PM

Developed by

PropertyListThefollowingisthelistofRBPpropertieslistedontheCobbCountyBoardofTaxAssessorswebsite.

Page 13: Robert Bradley Properties, LLC...Bathroom vanities Refinished tub & tile Laminate flooring Refrigerator Entire bathroom Blinds 9 ROBERT BRADLEY PROPERTIES 990-992 Booth Road Marietta,

ROBERT BRADLEY PROPERTIES 13

Control Number : 09078142

STATE OF GEORGIA

Secretary of State Corporations Division

313 West Tower 2 Martin Luther King, Jr. Dr.Atlanta, Georgia 30334-1530

CERTIFICATE OF EXISTENCE

I, Brad Raffensperger, the Secretary of State of the State of Georgia, do hereby certify under the seal of my office that

ROBERT BRADLEY PROPERTIES LLC a Domestic Limited Liability Company

was formed in the jurisdiction stated below or was authorized to transact business in Georgia on the below date. Said entity is in compliance with the applicable filing and annual registration provisions of Title 14 of the Official Code of Georgia Annotated and has not filed articles of dissolution, certificate of cancellation or any other similar document with the office of the Secretary of State. This certificate relates only to the legal existence of the above-named entity as of the date issued. It does not certify whether or not a notice of intent to dissolve, an application for withdrawal, a statement of commencement of winding up or any other similar document has been filed or is pending with the Secretary of State. This certificate is issued pursuant to Title 14 of the Official Code of Georgia Annotated and is prima-facie evidence that said entity is in existence or is authorized to transact business in this state.

Docket Number : 18135073Date Inc/Auth/Filed : 11/09/2009Jurisdiction : GeorgiaPrint Date : 10/04/2019 Form Number : 211

CompanyExistenceThefollowingistheCertificateofExistenceforRobertBradleyProperties.

Page 14: Robert Bradley Properties, LLC...Bathroom vanities Refinished tub & tile Laminate flooring Refrigerator Entire bathroom Blinds 9 ROBERT BRADLEY PROPERTIES 990-992 Booth Road Marietta,

ROBERT BRADLEY PROPERTIES 14

FinancialSummaryPricePriceperUnitPriceperSFCAPRateIncomeExpensesNOI

$1,500,000$115,384

$96.607.49%

$141,845$29,449$112,396