Price Upon Req.31,900 SF
Latitude 105 is a 31,900 SF student housing apartment complex located at 105 North Anderson Drive in Swainsboro, GA. Built in 2014, the property consists of 73 beds within 59 units and student-oriented amenities such as a large exercise room, theatre room with movie-style seating, computer lab, free Wi-Fi, game area, laundry room, basketball court, and outdoor kitchen. Of the 73 beds, 60 beds are currently occupied (62%) for the 2016 Semester and 28 beds are available/vacant (38.35% vacant overall). Collection losses at Latitude 105 present minimal risk since a large majority of students pre-pay their rent on a semester basis through a combination of grants, scholarships, student loans and co-signers, making collecting rent a very easy task. The limited housing choices around East Georgia State College make Latitude 105 a popular choice for students. The property was constructed with an emphasis on modern design and energy efficiency. The 9-foot ceilings, granite countertops and tile flooring throughout along with the Energy Star rated windows, electric mini-split HVAC systems and low flow shower heads and toilets make Latitude 105 a wonderful long-term investment opportunity.
Marcus & Millichap is pleased to offer for sale Cedar Street Townhomes in Carrollton Ga. Located just 2 miles east of The University of West Georgia, the complex is an attractive alternative to upperclassmen seeking off-campus housings. The public university is home to more than 10,000 full-time students. Property is comprised of five (5) buildings on 4.34 acres of fee simple land. Buildings have been built in stages. Buildings A&B were built together, C&D were built together and Building E was built last. Square footage of units has progressively been enlarged as new buildings were built. There is a pad available (included in the sale) which enables the new owner to build another building of 6-8 more units. The last 3 building are all brick and the first 2 buildings are majority brick with wood accents. Current owner self manages the property and has owned the property for over 20 years. this is a great opportunity for the new owner to buy and enhance value by leasing the remaining few vacant units, increase rents to catch up to market.
$7,150,000Size Upon Req.
WELCOME TO SEABREEZE MANUFACTURED COMMUNITY IS A ONE OF A KIND PROPERTY. THIS 100% SPACE RENT COMMUNITY HAS SYSTEMS IN PLACE THAT MAKE IT ALMOST A PASSIVE INCOME ASSET, BY STREAMLINING OPERATION WITH STATE OF THE ART TECHNOLOGY ALONG WITH RENTMANAGER AND PAYLEASE TENANT MANAGEMENT AND PAY SYSTEMS TO SIMPLIFY DAILY PARK OPERATIONS. WITH OVER 30 YEARS OF MOBILE HOME PARK OPERATONS AND MANAGEMENT SKILLS, OUR TEAM HAS TAKEN THIS PROPERTY TO A POSITION WHEREBY YOU COULD SIMPLY INVEST AND WATCH YOUR INVESTMENT GROW WITH MINIMAL EFFORTS. WITH 211 LOTS CURRENTLY PAYING LOT RENT AND UTILITY EXPENSE, YOU CAN WATCH IT RUN ON ONE OF OUR MANY VIDEO CAMERAS STRATEGICALLY INSTALLED AROUND YOUR NEW FACILITY FROM ANYWHERE.
Oak Grove Apartments is a 40-unit apartment complex located in LaGrange, GA. The improvements consist of ten 4-unit, 1&2 story buildings. There are twenty 2-bedroom, 1-bathroom units with approximately 840 square feet of living area and twenty 3-bedroom, 1.5 bathroom units with approximately 1134 square feet of living area. All ten buildings are situated on slab foundations. The apartments sit on a 5.37 acre site. Hillside Apartments is located in close proximity to both LaGrange College and Granger Park. Oak Grove Apartments offers a tremendous opportunity for an owner/operator to acquire a complex with a desirable location and unit mix. A new owner can stabilize the asset with in¬creased rents, reduced vacancies, and reduced expenses for long term cash flow.
Hillside Apartments is a 54-unit apartment complex located in LaGrange, GA. The improvements consist of nine 6-unit, 2-story buildings. Each unit has 2 bedrooms, 1.5 bathroom, and approximately 938 square feet of living area. All of the units are townhouse style and share the same basic floorplan. All nine buildings are situated on slab foundations. The apartments sit on a 2.84 acre site. Hillside Apartments is located in close proximity to both LaGrange College and West Georgia Medical Center. Hillside Apartments offers a tremendous opportunity for an owner/operator to acquire a complex with a desirable location and unit mix. A new owner can stabilize the asset with in¬creased rents, reduced vacancies, and reduced expenses for long term cash flow.
Located just 5 blocks from VSU Campus. This property consists of: 10-1BR/1BA and 4-2BR/1BA. Over the past 14 months, 11 of the 14 have been renovated as tenants switched. Rents are then raised to $395 and $475 respectively. With 97% occupancy and three unit renovations this property boasted a 8.6% cap rate last year. With long term tenants in the only remaining original units and 100% occupancy the cap rate here is set only to grow over the next 2 years. There are approximately 24 total parking spots on site. Bring your investor and add this money making property to your portfolio.
Price Upon Req.103,984 SF
Fairway Village Apartments is a 104 Unit, Class B Property of brick construction. It's located in the Augusta, Georgia MSA. Augusta is the second largest city in Georgia behind Atlanta. Augusta has recently experienced significant growth as a result of Cyber Command's location to its MSA. Fairway Village's units are garden style with large living and dining areas. Convenient to Fort Gordon, Fairway Village provides its tenants access to multiple shops, restaurants, and schools all within a short walk or drive.
Sperry Van Ness/KD Lanclos & Associates is pleased to exclusively present Owens Landing, a brand new high quality Multifamily development located near the heart of Columbia County consisting of 10 single story units of approximately 1000 square feet. Owens Landing's Units are completely occupied with a majority of its tenants renewing with rent escalations. The layout of Owens Landing's floor plans, its well designed, higher end kitchens and bathrooms along with cathedral ceilings are a large part of why its tenant retention remains high. Private fenced patios add a nice touch to this property and tenants appreciate and enjoy this added amenity.
Sherman & Hemstreet is proud to exclusively present this 5400 SF historic downtown building for sale. The property is zoned B-2, and needs renovations and updating. There is rear access from Sixth Street, and plenty of on-street parking. There is about 2,400 SF of retail space on the first floor, and 3000 feet of loft apartment space on the second and third floors. This building has LOTS of original historic character and TONS of potential.
$300,000Size Upon Req.
Sherman & Hemstreet is proud to exclusively present Lakeside Mobile Home park for sale. This property consists of 15 mobile homes on 1.36 acres. The homes are owned by the park, and an attachment is included with models and ages. Included in the CAP is management, 5% vacancy, insurance, legal expense, and mainteance! This complex is a strong turnkey investment, and most likely will be redevelopment opportunity in the near future.