Fair and Walker Lofts: A Better Deal Than Dorm Life

Jon Real Estate Leave a Comment

I just came across a ridiculously good deal: two 1 bedroom/1 bathroom units at Fair and Walker Lofts in Castleberry Hill priced at $62,000 and $49,500.  Built in 2006, these units were originally slated to sell for $150,000.

A little context, especially for parents who are helping foot the bill on their college-age student’s dorm bill.  For a 1-bedroom “”super single”” at Georgia State University’s University Lofts, you’re looking at $5,000 a semester.  Assuming your young scholar is able to graduate in eight semesters, that’s a total of $40,000.  Hard to believe that for an additional $10,000 or so, your child’s “”dorm”” could also double as a future investment property.

The Relevant Information

Full listing information for the two units at Fair and Walker lofts.

My full contact information if you’d like to chat about investing in residential real estate.

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Jon

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Jon Effron is widely regarded as one of the leading Realtors in Atlanta, working with both buyers and sellers throughout the metro area to maximize their real estate investments. In 2014, Jon was the #1 individual agent at Keller Williams Intown, one of the largest brokerages in Intown Atlanta. Prior to becoming a Realtor, Jon was the Vice President of Development at Tujay Group, an Atlanta real estate development firm. His career pre-real estate included stints at ABCNews.com, eGroups (now Yahoo! Groups) and Elite Traveler magazine, where he served as the Vice President of Marketing.