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FULLY LEASED investment opportunity spanning two counties in McDuffie and Warren County, just outside of Augusta, Georgia is now available. This 8 unit single-family rental portfolio is 100% tenant occupied and comprises 8 different parcels across multiple locations. Spanning over 4.6 acres of combined land, these properties offer a diverse mix of housing options, including three single-family homes and five modular homes, providing investors with versatility and potential for increased rental income.The combined square footage of these units is around 4,635 SF, ensuring ample space for tenants to enjoy comfortable living arrangements. Currently, all units are fully leased, generating a steady monthly rent. Notably, the low controllable expenses associated with these properties enhance their attractiveness to potential investors. Tenants assume responsibility for utilities and landscaping maintenance, resulting in a favorable investment environment with minimized overhead costs.With tenants on month-to-month leases and self-management by the sellers, there exists significant potential to optimize returns through strategic rent adjustments upon turnover or the initiation of new leases. This presents an opportunity for investors seeking stable rental income and long-term growth potential in the thriving rental markets of Warrenton and Thomson.McDuffie County Properties:5609 Murray Avenue, Thomson, GA, 308241884 Ridgeview Drive, Thomson, GA 308241934 Ridgeview Drive, Thomson, GA 30824383 Morningside Drive, Thomson, GA 30824Warren County Properties:266 Mayfield Road, Warrenton, GA 30828178 Academy Road, Warrenton, GA 3082849 Memorial Drive, Warrenton, GA 30828121 W Gibson Street, Warrenton, GA 30828Don't miss this opportunity to acquire a diversified portfolio in two thriving rental markets, poised for continued growth and profitability. Contact us today to seize this investment opportunity.
| DAYS ON MARKET | 42 | LAST UPDATED | 4/5/2024 |
|---|---|---|---|
| TRACT | Warrenville | YEAR BUILT | 1986 |
| COMMUNITY | Warren (4WA) | COUNTY | Warren |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| Elementary School | M.E. Freeman |
|---|---|
| Jr. High School | Warren County |
| High School | Warren County |
| ADDITIONAL DETAILS | |
| AREA | Warren (4WA) |
|---|---|
| LOT | 4.6 acre(s) |
| LOT DIMENSIONS | 0 |
| SUBDIVISION | Warrenville |
MORTGAGE CALCULATOR
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Last Updated: 5/17/24 1:28 AM PDT
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