Amazing investment opportunity with this 18-unit duplex portfolio! Each unit has 2 bedrooms and 1 bathroom and approximately 800 SF. 2 units need total renovations and 4 units need some TLC. 5 units have new roofs as of 2021 and 2 units have metal roofs. This portfolio of duplexes is currently 100% leased which means immediate cash-flow for the new owner. Pro-Forma NOI $86,473.28 Pro-Forma Cap Rate 7.52% Located just 4 miles from Athens’ Loop 10, making it easy access to local Athens shopping & dining. The following parcel numbers shall convey in the sale of this property: 061B1 A001, 061B1 A002, 061B1 A003, 061B2 B008, 061B2 B006, 061B2 B009, 061B2 C005, 061B2 C003, 061B2 C002
Listing Provided Courtesy of Daniel Bennett at NAI Elrod Group | 7065531000
Property Details
Price:
$1,799,900
MLS #:
980198
Status:
Active
Beds:
36
Baths:
18.00
Address:
210 Rustwood Drive
Type:
Single Family
City:
Athens
Listed Date:
Feb 26, 2023
State:
GA
ZIP:
30606
Subdivision:
Nicole Valley
Lot Size:
Year Built:
1978
Schools
Elementary School:
Whitehead Road Elementary
Middle School:
Burney-Harris-Lyons
High School:
Clarke Central
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Community
- Address210 Rustwood Drive Athens GA
- CityAthens
- CountyClarke
- Zip Code30606
- Listing Urlhttps://listings.listhub.net/pages/AAARGA/980198/
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