Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1982
Sq.Footage
N/A
28 UNITS IN A 36 UNIT COMPLEX. 25 UNITS ARE OCCUPIED AND RECENTLY UPDATED. THREE VACANT UNITS WILL BE REMODELED AND RENTED BY JULY. MIXTURE OF 2 AND 3 BEDROOM UNITS. PRICE INCLUDES TWO ADDITIONAL PROPERTIES. 901 PACIFIC AVE, BREMEN, GA IS A VACANT, SIX UNIT BUILDING. THE EXTERIOR HAS BEEN REHABBED, BUT THE INTERIOR NEEDS TO BE TOTALLY REMODELED. ALL UNITS ARE 2/1. 8562 ADAIR STREET, DOUGLASVILLE IS A SINGLE-FAMILY HOME. IT IS CURRENTLY OCCUPIED BY A FAMILY MEMBER. RENTAL POTENTIAL IS $950 FOR 28 UNITS IN ASHLEY OAKS, $800 FOR 6 UNITS IN BREMEN. POTENTIAL CAP RATE FOR ENTIRE PACKAGE IN EXCESS OF 8.5%. OWNER WILL CONSIDER SELLING PROPERTIES INDIVIDUALLY.
Features & Amenities
Interior
Area & Lot
-
Lot Features
Other
-
Lot Size(acres)
0.0573
-
Property Type
Residential Income
Exterior
-
Garage
No
-
Construction Materials
Wood Siding
-
Parking
Driveway
Financial
-
Sales Price
$4,000,000
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Location
County
Douglas
Elementary School
Eastside - Douglas
Middle School
Chestnut Log
High School
Douglas County
Listing Courtesy of Arthur Garrison , Advance Equity Group, Inc.
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