Atlas Property

$880,000

620 U.S. Highway 1
Youngsville, North Carolina

Number of units: 160
Rentable Square Feet: 17,665+/-
Gross Land Area: 1.71+/- acres
Building Type: Light Steel
Roof Type: Galvanized Steel
Foundation: 4" reinforced concrete slab

Unit Mix: Forty Four 5'x10', Thirteen 5'x15', Eight 5'x20', Fifty Three 10'x10', Twenty Five 10'x15', Eleven 10'x20', and Six 10'x30'

2005 January-June

Income		$45,140.00
Fixed Expenses		$2600.00
Variable Expenses		$14,375.00
NOI		$28,165.00

2004

Income		$85,132.00
Fixed Expenses		$5600.00
Variable Expenses		$24,350.00
NOI		$55,232.00

2003

Income		$93,845.00
Fixed Expenses		$6,230.00
Variable Expenses		$21,308.00
NOI		$66,307.00

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